date:Jun 09, 2014
Mumbai based National Commodity Derivatives Exchange Limited (NCDEX), a leading agriculture-commodity bourse has raised transaction charges on agriculture-commodities from 1 June.
The move is seen to improve financial condition of the exchange that has been down due to falling trade volumes.
NCDEX in a recent circular said that it has revised upward the transaction costs for 15 agriculture commodities to $0.050 per $1689 for average daily volumes of up to $17 million.
For additional volume,