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Q: What is trading in commodity exchange?
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What is commodity trading or exchange?

commodity trading is the trading of primary products on exchange. spot trading and future trading of comodities are done to take advantage of difference between current and future prices.


What is mcxfo and ncdexfo?

MCX is Multi Commodity Exchange of India Ltd. and NCDEX is National Commodity & Derivates Exchange Limited. MCX is an exchange for electronic commodity trading, while NCDEX is an online trading platform for multi-commodities.


What does MCX means in gold trading?

MCX (Multi Commodity Exchange) is an exchange which given rights to trading in gold and others commodities.


How do you trade on commodity market in India related?

To trade in commodities, you need to go through an authorized commodity exchange. In India, there are three main multi-commodity exchanges - the National Commodity and Derivative Exchange, the Multi Commodity Exchange of India Ltd and the National Multi Commodity Exchange of India Ltd. All the three exchanges have established electronic trading systems.


What are the requirements for trading under commodity exchange?

The Commodity Exchange Act make it illegal to trade a contract for the purchase or sale of a commodity for future delivery a futures contract unless the contract is executed on a federally designated exchange .


What are the requirements for trading under commodity?

The Commodity Exchange Act make it illegal to trade a contract for the purchase or sale of a commodity for future delivery a futures contract unless the contract is executed on a federally designated exchange .


A method of trading on a commodity exchange that uses verbal bids and offers in the trading pits?

Open Outcry. It's used in all kinds of trading.


When was the CFTC established?

The Commodity Futures Trading Commission, established under the 1974 amendments to the Commodity Exchange Act, has far-reaching authority over a wide variety of commodity industry activities.


What are the major constraint to commodity trading in Nigeria?

inadequate supply bad weather poor storage inadequate knowledge of the working of the commodity exchange


When did the Dubai Gold and Commodities Exchange commence trading as the region's first commodity derivatives exchange?

In November 2005, the Dubai Gold and Commodities Exchange commenced trading. Today it is the leading derivatives exchange in the region, although it started out in the Middle East.


Where is National Commodity Exchange of India?

National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad. National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad.


Where can one get the latest Nybot commodity prices?

A person can get the latest Nybot commodity prices from a few different places. Some of these places include Trading Charts, INO, and The New York Commodity Exchange.