As per to data from the African Development Bank, there have been strategy to create a commodity exchange
in at least 28 African countries in the previous 25 years, however none of them has moved beyond the concept and studies phase.
The IEU includes Commodity Exchange
of Armenia (Yercomex), Belarusian Universal Commodity Exchange
(BUCE), Kazakhstan Commodity Exchanges
ICEX and CEX, Kyrgyzstan Commodity Exchange
(KUCEX), Ukraine Commodity Exchange
(UCEX) and Agricultural commodity Exchange
of Ukraine and two commodity distribution systems from Armenia and Belarus.
About Multi Commodity Exchange
of India Limited Having commenced operations on November 10, 2003, Multi Commodity Exchange
of India Limited (MCX) is India's first listed, national level, electronic, commodity futures exchange with permanent recognition from the Government of India.
The offices of commodity exchange
company, eleni, occupy the top two floors of Tracon Tower, where one can gaze north and south along the teeming wide thoroughfare that is Churchill Avenue in the heart of Addis Ababa.
Secretary Commerce informed the Finance Minister that consultations are already at advanced stage for supply of Basmati rice and wheat to Iran on account of commodity exchange
The exchange operator, Tokyo Commodity Exchange
As per the ministry estimate, it will add about ` 4,500 crore to the exchequer but more than revenue it is aimed at bringing transparency in the commodity exchange
market," the official added.
The Indian government has announced that it has made changes to commodity exchange
norms, liberalising the sector in the process.
Tokyo Grain Exchange President Yoshiaki Watanabe indicated that the exchange may decide within this year to transfer its farm products futures trading operations to the commodity exchange
known as TOCOM, which deals in metal and energy futures.
DGCX is an initiative of the Dubai Multi Commodities Centre (DMCC), Financial Technologies (India) Limited and Multi Commodity Exchange
of India Limited (MCX).
DGCX is a joint initiative of Dubai Multi Commodities Centre (DMCC), Financial Technologies (India) Limited (FTIL) and Multi Commodity Exchange
of India Limited (MCX).
The Zhengzhou Commodity Exchange
(ZCE), the first futures exchange in The People's Republic of China, and the New York Board of Trade (NYBOT), a leading "soft" commodities exchange, announced the signing of a Memorandum of Understanding (MOU), signaling a new era of cooperation and understanding between the two exchanges.