One 783Ngupta

Information about One 783Ngupta

Published on January 4, 2008

Author: Alien

Source: authorstream.com

Content

Slide2:  47% of GDP is Commodity related 23% of GDP is from Agriculture Over 65% of 1 trillion population depend on agriculture directly Over 7500 physical market yards History of more than 150 years of derivatives trading Why Commodity Exchange in India Why Commodity Exchange in India:  Why Commodity Exchange in India Largest producer / consumer of: Bullion Oilseeds Pulses Sugar Cotton Spices Economy growing at the rate of 8% Evolution of Commodity markets in India:  Evolution of Commodity markets in India Ban in forward trading from mid-sixties Prior to ban Thriving commodity exchanges for cotton, gold, edible oils etc. more than 20 regional commodity specific exchanges Recent developments Ban completely lifted in 2003 Emergence of national level de-mutualised online multi-commodity exchanges 3 National and 21 regional exchanges Trade in 60 commodities compared with just 8 in 2000 Growth exceeds 4 times in FY05 over FY04 Traded volume in 2004-05 around 20% of India’s GDP Growth in volumes of Indian Commodity Exchanges:  Growth in volumes of Indian Commodity Exchanges Rs bn Impressive growth of 341 % between 2003-04 to 2004-05 1 USD = Rs 43 Choice of Product: Calculator:  Choice of Product: Calculator Parameters considered Price volatility Share in GDP Correlation with global markets Share in external trade Government intervention Warehousing facilities Traders distribution Geographical spread Number of varieties Only Physical commodities allowed in Commodity Exchanges Contract Specifications:  Contract Specifications Rigorous Product Research Linking entire value chain Underlying specifications identification Proxies- Benchmarking to all other varieties Identification of location basis Location premium & discount Grade premium & discount Challenges ahead:  Challenges ahead From open outcry to online Discipline trading environment Nuances of Physical settlement Educating about commercial relevance To bring actual users on the exchange platform Farmers Corporate Investors Generating liquidity :  Generating liquidity Involvement of all value-chain entities in contract formulation Relationship group provides relentless momentum Generates interests of all members & clients Awareness Programmes Wide media coverage Easy access to Exchange information Market to be opened up for banks, fund houses and Foreign Investors Foreign Access:  Foreign Access Foreign access permitted in securities market- equities & bonds Foreign investment regulation for investment in commodity derivatives – a committee constituted by the regulator Currently can access by setting up a domestic entity – for broking & investment Options trading:  Options trading Options allowed in securities market Single Stock options Index Options Interest rate Options Currency Options Options not yet permitted in the commodity markets Law to be amended shortly Informal options trading prevalent Regulatory Environment:  Regulatory Environment Separate regulator for capital markets & commodity markets Capital Markets Securities Exchange Board of India (SEBI) Autonomous body Under Ministry of Finance Commodity Markets Forward Markets Commission (FMC) Part of Ministry of Consumer Affairs Law being amended to make it autonomous body About NCDEX:  About NCDEX NCDEX – Current shareholders:  NCDEX – Current shareholders 15% 8% 15% 15% 12% 15% 12% 8% Slide15:  Gold, Silver, Crude Palm oil, RBD Palmolein, Cotton, Mustard seed, Mustard oil Soybean, Refined soy oil Guar seed, Jute sacking, Chana, Rubber, Pepper, Wheat, Castor seed, Guar gum, Raw jute, Urad, Yellow peas, Sugar, Turmeric, Soymeal Gur, Rice, Maize, Raw silk, Cocoon, Jeera, Chilli, Steel, Cashew, Cottonseed oilcake, Sesame seed, Tur, Arabica & Robusta Coffee, Copper Cathode Dec 2003 Apr-Dec 2004 Jan – Jun 2005 Other base Metals, Energy Products, More Agricultural products In pipeline Product Calendar Each product is selected after an in-depth research & market feedback Average daily volumes:  Average daily volumes Rs mn Peak Volume for a single day Rs. 47200 mn on Jul ‘05 Impressive growth of NCDEX with 85% volume contribution from agriculture Volumes in Steel & Copper picking up- daily average steel trade- 10,000 tonnes Question & Answers:  Question & Answers Thank You:  Thank You

Related presentations


Other presentations created by Alien

Physical Security Lecture
05. 01. 2008
0 views

Physical Security Lecture

GREEK THEATRE
15. 10. 2007
0 views

GREEK THEATRE

Singapore National Symbols
14. 09. 2007
0 views

Singapore National Symbols

Origins of the Cold War
23. 12. 2007
0 views

Origins of the Cold War

CG43SlideSet
30. 04. 2008
0 views

CG43SlideSet

kaiser pres
28. 04. 2008
0 views

kaiser pres

GoldDifferences
22. 04. 2008
0 views

GoldDifferences

visn8
17. 04. 2008
0 views

visn8

Nov24 Regulatory approaches
16. 04. 2008
0 views

Nov24 Regulatory approaches

dr rom
14. 04. 2008
0 views

dr rom

file 6943
13. 04. 2008
0 views

file 6943

The Peak Oil Context Tom Petrie
10. 04. 2008
0 views

The Peak Oil Context Tom Petrie

H106g
09. 04. 2008
0 views

H106g

JapaneseGeography
07. 04. 2008
0 views

JapaneseGeography

Hamburg 2007
14. 09. 2007
0 views

Hamburg 2007

lfg
14. 09. 2007
0 views

lfg

Eddie Final Presentation
14. 09. 2007
0 views

Eddie Final Presentation

chalmers
14. 09. 2007
0 views

chalmers

The Rain Forest Final
14. 09. 2007
0 views

The Rain Forest Final

ECAKnowledgeFair
12. 10. 2007
0 views

ECAKnowledgeFair

Ch18part1
15. 10. 2007
0 views

Ch18part1

WNV AVB 02212006
21. 10. 2007
0 views

WNV AVB 02212006

giraffe pp
14. 09. 2007
0 views

giraffe pp

giraffe powerpoint
14. 09. 2007
0 views

giraffe powerpoint

giraffe
14. 09. 2007
0 views

giraffe

COOL STUFF ABOUT GIRAFFES
14. 09. 2007
0 views

COOL STUFF ABOUT GIRAFFES

ub041104
23. 10. 2007
0 views

ub041104

STORY OF THEME AND PLOT
23. 10. 2007
0 views

STORY OF THEME AND PLOT

PhiladelphiaZooPPP
14. 09. 2007
0 views

PhiladelphiaZooPPP

qu10 11
01. 12. 2007
0 views

qu10 11

Angelos CME Energetics
02. 11. 2007
0 views

Angelos CME Energetics

pptPanama s
22. 10. 2007
0 views

pptPanama s

hirotani
13. 11. 2007
0 views

hirotani

bon2003 mpls
29. 10. 2007
0 views

bon2003 mpls

PROF AZZA
23. 10. 2007
0 views

PROF AZZA

Fenton
29. 10. 2007
0 views

Fenton

Countering Offshore
29. 12. 2007
0 views

Countering Offshore

walters082902
23. 11. 2007
0 views

walters082902

razbash
26. 11. 2007
0 views

razbash

DVMRPandMOSPF
01. 01. 2008
0 views

DVMRPandMOSPF

Chapter 18 PPT
22. 10. 2007
0 views

Chapter 18 PPT

History of NAIS John Wiemers
20. 08. 2007
0 views

History of NAIS John Wiemers

BSP2D
14. 09. 2007
0 views

BSP2D

costarica1 ftparraud
22. 10. 2007
0 views

costarica1 ftparraud

mcmc2000a
06. 11. 2007
0 views

mcmc2000a

050317lc
16. 11. 2007
0 views

050317lc

ALA2003 OAI
04. 10. 2007
0 views

ALA2003 OAI

fwing
22. 10. 2007
0 views

fwing

acute 060727 transfusionmed
23. 10. 2007
0 views

acute 060727 transfusionmed

bckexpk3b
09. 07. 2007
0 views

bckexpk3b

anorexia
09. 07. 2007
0 views

anorexia

070207 Adjektiv
09. 07. 2007
0 views

070207 Adjektiv

A Brachmann
09. 10. 2007
0 views

A Brachmann

mueller jun07
19. 10. 2007
0 views

mueller jun07

Late Classic Maya Collapse
16. 02. 2008
0 views

Late Classic Maya Collapse

ISLAS GALAPAGOS
14. 09. 2007
0 views

ISLAS GALAPAGOS

Heatingoilwebsection ppp
24. 02. 2008
0 views

Heatingoilwebsection ppp

PIndustrialTrucks
26. 02. 2008
0 views

PIndustrialTrucks

ethanap
14. 09. 2007
0 views

ethanap

Propulsion CEV
07. 11. 2007
0 views

Propulsion CEV

MichelleWatt
20. 02. 2008
0 views

MichelleWatt

newsletterfall04
11. 03. 2008
0 views

newsletterfall04

EC T9 2008 Conference Proposal
12. 03. 2008
0 views

EC T9 2008 Conference Proposal

drugstatistics
17. 12. 2007
0 views

drugstatistics

icfa chep06
23. 10. 2007
0 views

icfa chep06

Hubert CW8
14. 09. 2007
0 views

Hubert CW8

A mi Papi 2089
19. 06. 2007
0 views

A mi Papi 2089

An ode to Mothers
19. 06. 2007
0 views

An ode to Mothers

LoffPresentation
17. 10. 2007
0 views

LoffPresentation

Maschera
19. 06. 2007
0 views

Maschera

manual
19. 06. 2007
0 views

manual

Luces De Navidad 1848
19. 06. 2007
0 views

Luces De Navidad 1848

leer
19. 06. 2007
0 views

leer

Lean Six SigmaATL011706
19. 06. 2007
0 views

Lean Six SigmaATL011706

lexisnexis
05. 10. 2007
0 views

lexisnexis

OAT Presentation v5
19. 06. 2007
0 views

OAT Presentation v5

moscatelli
19. 06. 2007
0 views

moscatelli

moon split
19. 06. 2007
0 views

moon split

money plus
19. 06. 2007
0 views

money plus

MKCL
19. 06. 2007
0 views

MKCL

Journey of the Spirit Lesson 6
01. 10. 2007
0 views

Journey of the Spirit Lesson 6

2 Jornada BISHOP
10. 10. 2007
0 views

2 Jornada BISHOP

No esperes
19. 06. 2007
0 views

No esperes

Amores locos 1992
19. 06. 2007
0 views

Amores locos 1992

College English book 2 Unit 7
24. 02. 2008
0 views

College English book 2 Unit 7

A vista de pajaro II 2109
19. 06. 2007
0 views

A vista de pajaro II 2109

Ammosov Vladimir ammosov pra
12. 10. 2007
0 views

Ammosov Vladimir ammosov pra

Amber la mejor de todas
19. 06. 2007
0 views

Amber la mejor de todas

CP317 lecture 6 Huck II 05
11. 12. 2007
0 views

CP317 lecture 6 Huck II 05

AHQA031204Mck
09. 07. 2007
0 views

AHQA031204Mck

Evergreen
03. 01. 2008
0 views

Evergreen

04 NJIT3
02. 01. 2008
0 views

04 NJIT3

Poster A4 Glasgow nov04
04. 10. 2007
0 views

Poster A4 Glasgow nov04

Ally McBeal
09. 07. 2007
0 views

Ally McBeal

sara paige
14. 09. 2007
0 views

sara paige

36181003
24. 10. 2007
0 views

36181003

MusicApprecBaroque 2
22. 11. 2007
0 views

MusicApprecBaroque 2

ELE386 Malware
20. 08. 2007
0 views

ELE386 Malware

RohanShah
12. 10. 2007
0 views

RohanShah

1022MAS net big picture
03. 01. 2008
0 views

1022MAS net big picture

Lo Suficiente 1744
19. 06. 2007
0 views

Lo Suficiente 1744

gm3 jp item14 Mangrove ITTO
22. 10. 2007
0 views

gm3 jp item14 Mangrove ITTO

2005AuditResults
09. 07. 2007
0 views

2005AuditResults

HABIC1 summary
17. 11. 2007
0 views

HABIC1 summary

aro ald informalsession
24. 10. 2007
0 views

aro ald informalsession

etu ambassadeurs juin 07 en
13. 03. 2008
0 views

etu ambassadeurs juin 07 en

Gobert poster
03. 10. 2007
0 views

Gobert poster

Kistenev
15. 11. 2007
0 views

Kistenev

6 History of Chemistry I
12. 10. 2007
0 views

6 History of Chemistry I

Jan2000report
04. 01. 2008
0 views

Jan2000report

course 4
03. 01. 2008
0 views

course 4