National Commodity Exchange Limited


National Commodity Exchange Limited

Infobox Company
company_name = National Commodity Exchange Limited
company_
company_type = Commodity exchange
foundation = 2005
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.

NCEL's Shareholders

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.

Commodities Traded

NCEL has initially started trading in Gold only but soon would be extended to Wheat, Rice,Cotton yarn and Sugar.

External links

* http://www.ncel.com.pk


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • National Commodity and Derivatives Exchange — National Commodity Derivatives Exchange Type Online commodity exchange Founded 15 December 2003 Headquarters Mumbai, Maharashtra, Indi …   Wikipedia

  • National Spot Exchange — Ltd Type Private Industry Business Services Founded 2005 Headquarters Mumbai …   Wikipedia

  • National Stock Exchange of India — National Stock Exchange राष्ट्रीय शेअर बाज़ार …   Wikipedia

  • National Multi-Commodity Exchange of India Ltd — Infobox name = Infobox/doc title = NMCE caption = headerstyle = background:#ccf; labelstyle = background:#ddf;header1 = National Multi Commodity Exchange label1 = data1 = header2 = label2 = Label defined alone data2 = header3 = label3 = data3 =… …   Wikipedia

  • Commodity — Wares redirects here. For the online distribution of copyrighted goods, see Warez …   Wikipedia

  • National Farmers' Federation — Headquarters in Barton, Australian Capital Territory. The National Farmers Federation (NFF) is an Australian industry association that represents Australian farmers at a national level, including through lobbying the Australian Government. NFF s… …   Wikipedia

  • National Farmers Union (United States) — National Farmers Union Abbreviation NFU Formation 1902 Headquarters Washington, D.C. Region served …   Wikipedia

  • Commodity Futures Modernization Act of 2000 — The Commodity Futures Modernization Act of 2000 (CFMA) is United States federal legislation that officially ensured the deregulation of financial products known as over the counter derivatives. It was signed into law on December 21, 2000 by… …   Wikipedia

  • Commodity Futures Trading Commission — U.S. Commodity Futures Trading Commission Official seal Agency overview Formed April 15, 1975 Preceding agency Commodity Exchange Authority …   Wikipedia

  • National Innovative Enterprises — In the [People s Republic of China], National Innovative Enterprises are a group of 91 companies chosen by the Ministry of Science and Technology (MOST) from an original list of 103 firms following a two year trial period. The government selected …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.