Mumbai, India
Abbreviation
NCDEX
Location
Mumbai, India
Region
Asia
Product Types
Agricultural
The National Commodity and Derivatives Exchange (NCDEX) is India's leading agricultural commodity derivatives exchange, founded in 2003 and headquartered in Mumbai. Owned by NSE (National Stock Exchange), NABARD, and LIC among others, and regulated by SEBI, NCDEX is the primary price-discovery venue for Indian agricultural commodities including guar seed, soybean, mustard seed, castor seed, wheat, turmeric, jeera (cumin), and chana (chickpeas). The exchange plays a key role in supporting India's farmer hedging ecosystem and agri-value chain risk management.
The Bombay Stock Exchange (BSE), founded in 1875 as the Native Share & Stock Brokers Association, is Asia's oldest stock exchange and one of the world's largest by number of listed companies. While primarily an equity and debt exchange, BSE offers commodity derivatives including base metals, agricultural products, energy, and precious metals via BSE's commodity segment. BSE is headquartered in Mumbai's financial district and is regulated by SEBI. It lists over 5,500 companies and provides critical infrastructure for India's capital markets.
The Manila Commodity Exchange (MCX) is a commodity and derivatives exchange based in Manila, Philippines, offering contracts across base metals, agricultural commodities, energy, and currencies. The Philippines is an emerging market for commodity derivatives with the exchange targeting regional Southeast Asian participants. MCX operates within the Philippine regulatory framework overseen by the Securities and Exchange Commission (SEC Philippines).
The Iran Mercantile Exchange (IME), established in 2007 through the merger of the Tehran Metal Exchange and the Agricultural Commodity Exchange of Iran, is Iran's primary regulated commodity exchange. IME trades physical and derivatives contracts for industrial and mineral products (steel, copper, aluminium, zinc, iron ore), oil by-products and petrochemicals, and agricultural commodities. Supervised by Iran's Securities and Exchange Organisation (SEO), IME serves as a key price-discovery mechanism for Iran's large mineral and manufacturing sectors.
The Osaka Exchange (OSE) is Japan's primary derivatives market, operating as a subsidiary of Japan Exchange Group (JPX). Formed through the 2013 merger of the Osaka Securities Exchange and Tokyo Stock Exchange, OSE handles futures and options on Nikkei 225, TOPIX, government bonds, and commodity derivatives in precious metals, rubber, and agricultural products previously listed on TOCOM. The exchange provides the central infrastructure for equity and commodity derivatives trading across Japan.