National Commodity & Derivatives Exchange Limited (NCDEX) is an Indian online commodity and derivative exchange based in India. It is under the ownership of Ministry of Finance , Government of India. It has an independent board of directors and provides a commodity exchange platform for market participants to trade in commodity derivatives. It is a government company, incorporated on 23 April 2003 under the Companies Act, 1956 and obtained its Certificate for Commencement of Business on 9 May 2003. It commenced operations on 15 December 2003.
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