Forward Markets Commission (FMC) is in the process to formulate guidelines for demutualisation of existing commodity exchanges and setting up of new commodity exchanges, said BC Khatua, chairman FMC. Khatua was speaking at a function organised by National Commodity and Derivatives Exchange (NCDEX) to launch its carbon credit contract on Thursday.
NEW DELHI: Futures trading in carbon credits kick started on a positive note on Thursday on the National Commodity and Derivative Exchange (NCDEX). The December contract was trading up by 1.21 per cent at Rs. 1,007 per Certified Emission …
MUMBAI (Thomson Financial) – India’s National Commodity and Derivatives Exchange Ltd. (NCDEX) on Thursday launched futures contract for carbon credit, or certified emission reduction (CER), issued under the United Nations Framework Convention on climate change.