- National Commodity Exchange Limited
company_name = National Commodity Exchange Limited
company_type = Commodity exchange
location = 9th Floor, PRC Towers, 32-A, Lalazar Drive M.T. Khan Road,
Karachi, Pakistan| industry = Business Services
products = Futures exchange
homepage = http://www.ncel.com.pk | http://www.ncel.com.pk
National Commodities Exchange Limited (NCEL) is Pakistan's first futures commodity market having its registered Head office in
Karachi. It is the only company in Pakistan to provide a centralized and regulated place for commodity futures trading and is regulated by Securities and Exchange Commission of Pakistan(SECP). It has started full trading activities on 11th May 2007.
The shareholders of NCEL are,
Karachi Stock Exchange(40%), Lahore Stock Exchange(10%), Islamabad Stock Exchange(10%) while the Pak-Kuwait Investment Limited and Zarai Taraqiati Bank Limited(former Agricultural Development Bank of Pakistan) are the shareholders of the remaining 40% shares.
NCEL has initially started trading in
Goldonly but soon would be extended to Wheat, Rice,Cotton yarn and Sugar.
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