Increasing agri trading volumes in India

by- Jayant Manglik, President of Retail Distribution at Religare Securities Limited 

Our commodity exchanges have done commendable work in setting up an entirely new intermediation industry using state-of-the-art technology with a smooth-functioning trading, clearing and settlement system. The operational excellence is now beyond challenge but we have to think ahead – about optimum utilization of this resource and becoming a commodity hub which will attract global traders to India. Commodity market clients are Indian nationals today but we have to look outside – to regional players and international traders who will use our platforms for trade, delivery, procurement and marketing. And to attract this set of participants, we have to bring international trading products like options and indices to our commodity markets. Continue reading “Increasing agri trading volumes in India”