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Mixed fortunes as Indian commodities exchanges widen offerings

by Laurence Davison

India’s two largest commodity exchanges have experienced wildly different performances in recent weeks as bans on trading of certain agricultural futures have impacted both National Commodity and Derivatives Exchange (NCDEX) much more than rival Multi Commodity Exchange (MCX). But both are pushing ahead with plans to widen their product offerings, however, with MCX listing a new carbon contract designed to catch up with its...

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