Indian Commodity Exchange Limited (ICEX) is SEBI regulated online
Commodity Derivative Exchange. Headquartered at Mumbai, the Exchange
provide nationwide trading platform through its appointed
brokers.
Some of Prominent shareholders are MMTC Ltd, Central Warehousing
Corporation, Indian Potash Ltd, KRIBHCO, Punjab National Bank, IDFC
Bank Ltd, Gujarat Agro Industries Corporation, Reliance Exchangenext
Ltd, Bajaj Holdings & Investment Ltd, Gujarat State Agricultural
Marketing Board, NAFED and Indiabulls Housing Finance Ltd.
The Exchange launched world’s first ever Diamond derivative
contracts. ICEX aims to provide futures trading products in India’s
all economically relevant commodity. At present it offers futures
contract in Diamond. Providing desired price risk hedging solution
to the trade through innovative contract designing forms core value
of ICEX.
This Exchange is ideally positioned to leverage the huge potential
of commodities market and encourage participation of actual users to
benefit from the opportunities of hedging, risk management and
supply chain management in the commodities markets.
ICEX is the first Exchange in India to adopt global hi-tech platform
that ensures automatic and seamless switch-over from its Data Center
(DC) to the Disaster Recovery (DR) site with zero data loss in case
of exigencies. The technology platform has highly optimized
processing techniques, which enables the system to handle very large
orders with latencies under 300 microseconds.