National Multi-Commodity Exchange of India Limited
National Multi-Commodity Exchange of India Limited (NMCE) is a commodity derivatives exchange in India. It was founded in 2002 and is headquartered in Ahmedabad, Gujarat, India. NMCE facilitates trading, clearing, and settlement of commodity futures contracts across a wide range of commodities, including agricultural products, bullion, metals, energy, and petrochemicals.
The exchange provides a platform for price discovery and risk management for market participants, including farmers, traders, processors, and consumers of commodities. NMCE has a pan-India presence with over 700 registered members and over 25,000 trading terminals. The exchange has received several awards for its performance and services, including the "Best Commodity Exchange" award at the National Awards for Excellence in Commodities & Derivatives in 2014.
However, in 2018, NMCE merged with Indian Commodity Exchange (ICEX) and became part of ICEX.
NMCE is the first De-Mutualised Electronic Multi-Commodity Exchange of India.
NMCE is a zero-debt company; following widely accepted prudent accounting and auditing practices.
The exchange does not compromise on its delivery provisions to attract speculative volume.
It is the only Commodity Exchange in the world to have received ISO 9001:2000 certification from British Standard Institutions (BSI).
National Multi-Commodity Exchange of India Limited
4th Floor H. K. House
B/h Jivabhai Chambers, Ashram Road
INDIA
Phone: 91 - 79 - 40086000/39/40
Fax: 91 - 79 - 26582759, 40086041
Email: contact@nmce.com, member@nmce.com
Cochin Address
3rd Floor
Vasudev Complex
Palarivattom P.O.,
Cochin – 682 025.
Phone : 9744555920 , 0484 4052935 / 37
Fax: 0484-4052932
Email : kochi@nmce.com
Web : http://www.nmce.com/
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