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News in brief: Indian exchange to go live in weeks


India’s newest commodity exchange to go live in weeksThe ACE Derivatives and Commodity Exchange will go live within “weeks” after winning regulatory approval to list a suite of derivatives nationally.Kotak Mahindra Bank is promoting the exchange, formerly the Ahmedabad Commodity Exchange. It was awarded national level commodity bourse status on Wednesday August 11.A spokesperson for ACE would not say when the exchange would go live, but a source...

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