Definition : National Multi-Commodity Exchange
Category : Business » Trade
Country/Region : India India
Popularity :
Type :

What does NMCE mean?

National Multi-Commodity Exchange (NMCE) was a multi-commodity exchange in India. It is backed by the compulsory delivery based settlement to ensure transparent and fair trade practices. NMCE offers an electronic platform for future trading in plantation, spices, food grains, non-ferrous metals, oilseeds, and their derivatives.