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FMC and NSEL to Meet Members of the Exchange and Plant Owners Tomorrow

FMC and NSEL to Meet Members of the Exchange and Plant Owners Tomorrow

Forward Markets Commission (FMC) chairman B C KhatuaThe National Spot Exchange Limited (NSEL) 2 August submitted required information to the Forward Markets Commission (FMC). Subsequently, The Chairman, Members & Directors of the FMC and the Board of NSEL met today. It was decided that the FMC >>

NSEL Proposed Settlement Cycle

NSEL Proposed Settlement Cycle

Forward Markets Commission (FMC) chairman B C KhatuaAs per circular issued by the Exchange, the Exchange suspended trading and merged the settlement cycles of all one day forward contracts (other than e-series contracts) on 31st July, 2013. The said action was taken due to certain abrupt structural >>

National Spot Exchange Launches e-Zinc

National Spot Exchange (NSEL), the pan-India electronic spot market for commodities, has launched e-Zinc contracts under its e-Series products with effect from January 14, 2011. NSEL’s e-Series products, which are commodity investment products in demat form, were introduced in 2010 to meet >>