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Salient Features |
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Salient features at a glance: |
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First to
get the ‘National’ status and be fully operational |
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Demutualised Corporate Structure leading to a reliable,
effective, impartial and rule-based management by
professionals having no trade interest. |
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Convergence of all the
offers and bids emanating from all over the country in a
Single Electronic Order Book of the Exchange ensuring equal
access to all intermediaries. |
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Participation of diverse
interests like Importers, Exporters, Growers, Brokers,
Traders, etc., using an electronic trading system providing
a fair, efficient and transparent commodities market.
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Fair
Trading Practice ensured through inbuilt checks and balances
in the System. |
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Use of
LEMDA based margining at 99.9% VAR (Value At Risk) system
for the initial margin. |
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Warehouse Receipt System based Delivery of Underlying
Commodities meeting the current international standards,
its endeavor is to fulfill its mission in letter and spirit. |
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First to
establish a Trade Guarantee Fund, thereby offering
guaranteed clearing and book entry settlements by assuming
counter-party risks |
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Real
Time Price & Trade Data Dissemination |
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Market
Surveillance Program |
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V-SAT based connectivity
throughout the country |
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In short, NMCE is leading transition of
highly fragmented, controlled and restricted commodity
economy to globally integrated, efficient and
competitive environment in the 21st Century. |
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TOP |
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