ICEX launches world’s first diamond futures contracts

Posted on:29 Aug 2017 10:36:47
ICEX launches world’s first diamond futures contracts
29 August 2017 Current Affairs: The Indian Commodity Exchange (ICEX) launched world’s first diamond futures contracts to provide exporters with a hedging tool.

India is a global diamond polishing hub where 14 out of every 15 rough diamonds in the world are polished.

ICEX is deemed recognized Stock exchange providing a nation-wide online trading platform in commodity derivative. It is a public-private partnership.

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