National Commodity & Derivatives Exchange (NCDEX)

National Commodity & Derivatives Exchange Limited (NCDEX) is a public limited company incorporated on April 23, 2003, and is regulated by the Securities and Exchange Board of India (SEBI). It provides a platform for trading in agricultural commodity derivatives, offering a robust and transparent marketplace for price discovery and price risk management. The exchange's primary mission is to serve as a national-level, technology-driven platform for farmers, traders, and other stakeholders in the agricultural value chain. Its key promoters include prominent financial institutions such as the National Stock Exchange of India Ltd (NSE), Life Insurance Corporation of India (LIC), and National Bank for Agriculture and Rural Development (NABARD).