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August 03, 2015 12:41 AM ET

Diversified Financial Services

Company Overview of NCDEX Spot Exchange Limited

Company Overview

NCDEX Spot Exchange Limited operates as an online commodity spot exchange in India. The company offers an electronic trading platform for farmers, traders, and processors to trade in agricultural and non-agricultural commodities. Its agricultural products trading include sugar. The company was founded in 2006 and is based in Mumbai, India. NCDEX Spot Exchange Limited operates as a subsidiary of National Commodity And Derivatives Exchange Limited.

Akruti Corporate Park

1st Floor

L.B.S. Marg

Kanjurmarg (West)

Mumbai,  400 079


Founded in 2006


91 22 6640 6789


91 22 6640 6899

Key Executives for NCDEX Spot Exchange Limited

Head of Spot Exchange
Compensation as of Fiscal Year 2015.

NCDEX Spot Exchange Limited Key Developments

Central Bank Signs Memorandum of Understanding with NCDEX

Central Bank of India has entered into a memorandum of understanding with NCDEX Spot Exchange (NSPOT). The objective is to cater to the needs of the farmers, agri processors and market participants. A tri-partite agreement was signed by Central Bank of India, NSPOT and two collateral managers - Navjyoti Commodities and Origo Commodities in AP and Karnataka States. Central Bank of India is the first Bank to provide this type of facility to the farmers in these two States.

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