The activation of the commodity exchange
, in which the securities of commodities such as grain will be traded, will begin very soon after the completion of the exchange's infrastructure and the development of mechanisms for pricing grain securities.
When I met Gabre-Madhin, she had just returned from a visit to Ghana, where the Ghana Commodity Exchange
(GCX) is due to be launched by early 2015.
The Ghana Commodity Exchange
initiative has been in consideration for some time, and long overdue.
Ginga will likely have a 60 percent stake in the new company; the Tokyo Commodity Exchange
will hold the remainder.
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.
Country: JapanSector: Banking/Financial Services, Metals/MiningTarget: The Tokyo Commodity Exchange
Inc Buyer: CME Group Inc
In an advertisement published on weekend papers SEC had called Invitation for Expressions of Interest (EOI) and proposals to establish a Commodity Exchange
at a time when Sri Lanka's existing one and only stock market, Colombo Stock Exchange has created the history by becoming a best performing capital market in the world offering attractive returns on equity.
Summary: Exchanges, such as the Multi Commodity Exchange
and the Indian Commodity Exchange
, launched iron ore futures on 29 January 2011.
EDIRNE, Dec 5, 2010 (TUR) -- A Member of the Executive Board of the Union of Chambers and Commodity Exchanges
of Turkey (TOBB) and Chairman of the Executive Board of the Commodity Exchange
Market of the north-western province of Edirne, Mustafa Yardimci, said Saturday that the TOBB would modernize Iran's border gates at the Turkish-Iranian border.
The Tokyo Commodity Exchange
is planning to take over the farm market operations of the Tokyo Grain Exchange as proposed by the Japan Commodity Futures Industry Association, the presidents of the two exchanges said at separate press conferences Tuesday.
Dutch financial services group Rabobank has bought a five percent stake in India's new Universal Commodity Exchange
, the Economic Times has reported, citing an unnamed person familiar with the matter.
Tokyo Commodity Exchange
Inc (TOCOM), a Japanese commodity futures exchange, said on Wednesday that it plans to launch a new oil market, called Chukyo Oil Market, on 12 October 2010, subject to government approval.
The conference was called for jointly by the UN Development Programme and the Ethiopian Commodity Exchange
DGCX is a joint initiative of Dubai Multi Commodities Centre (DMCC), Financial Technologies (India) Limited (FTIL) and Multi Commodity Exchange
of India Limited (MCX).