NSE launches Commodity Derivatives Segment

Mumbai, October 12, 2018: National Stock Exchange of India Ltd (NSE), the largest stock exchange in India has launched commodity derivatives segment on NSE platform on October 12, 2018.

NSE launches Commodity Derivatives Segment

To start with, we will focus on key non-agri commodities and gradually broaden our product offerings to agri commodities. Commodity futures contracts on Gold (1 Kg), Gold Mini (100 gms) and Silver (30 Kg) are now available for trading on NSE. The contracts will be physically settled on expiry with Ahmedabad as the base centre. NSE is also planning to extend delivery centres to all major metros.

NSE’s commodity derivatives segment was launched at the hands of our esteemed Chief Guest, Shri S. K. Mohanty, Whole Time Member, SEBI.

The Guests of Honour for the event were Bullion Industry Experts and key representatives from the broking associations viz.

  • Mr. Mohit Kamboj, National President, IBJA,
  • Mr. Haresh Acharya, Secretary, Bullion Federation,
  • Mr. Nitin Khandelwal, Chairman, All India Gem & Jewellery Domestic Council,
  • Mr. Somasundaram PR, MD, World Gold Council,
  • Mr. Rajesh Baheti, National President, ANMI,
  • Mr. Uttam Bagri, Chairman, BSE Brokers’ Forum,
  • Mr Ashok Agarwal, President, Commodity Participants Association of India.

The launch is yet another milestone in the NSE history which started its operations 25 years ago. The introduction of commodities to our existing suite of asset classes gives the broking community a complete NSE ADVANTAGE to trade and clear at one single location.

Mr. Vikram Limaye, MD & CEO, NSE, said, “NSE is committed to deepen the Indian commodity markets by providing convenient and cost-efficient onshore hedging mechanism for domestic as well as global participants. Investors would also be able to trade in multiple asset classes at a single trading venue on NSE resulting in capital efficiency. The nationwide trading facility with the back-bone of a robust clearing mechanism, would be found beneficial by the market participants.”

The commodity segment has witnessed an overwhelming market response in the form of high amount of membership applications thereby reiterating the faith the broking community has on NSE’s ability to provide a fair, transparent and a robust infrastructure platform.


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