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'''Commodity trading in India''' has a long history. In fact, [[Commodity markets|commodity trading]] in [[India]] started much before it started in many other countries. However, years of [[British Raj|foreign rule]], [[drought]]s and periods of [[scarcity]] and government policies caused the commodity trading in India to diminish.<br />
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In 2016, apart from numerous regional exchanges, India had Six national commodity exchanges namely, [[Multi Commodity Exchange]] (MCX), [[National Commodity and Derivatives Exchange]] (NCDEX), Indian Commodity Exchange (ICEX), National Multi Commodity Exchange (NMCE), ACE Derivatives Exchange (ACE) and Universal Commodity Exchange(UCX).<ref>{{Cite web|url=https://www.jagranjosh.com/general-knowledge/commodity-exchanges-of-india-1472207100-1|title = Commodity Exchanges of India|date = 26 August 2016}}</ref> In 2018 both [[National Stock Exchange of India|National Stock Exchange]] (NSE) and [[Bombay Stock Exchange]] (BSE) launched trading in commodities.<ref>{{Cite web|url=https://www.bseindia.com/markets/marketinfo/DispMediaRels.aspx?page=76a7b4c9-2f30-4602-a635-0754e4d8d2f0|title = BSE (Formerly Bombay Stock Exchange)}}</ref><ref>https://www1.nseindia.com/products/content/derivatives/commodity/commodities.htm</ref><br />
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The [[regulatory body]] was erstwhile [[Forward Markets Commission]] (FMC) which was set up in 1953. As of September 2015, FMC was merged with the [[Securities and Exchange Board of India]], SEBI. After this merger, SEBI has ordered to exit many commodity exchanges.<ref>{{Cite web|url=http://www.moneycontrol.com/news/market-news/fmc-formally-mergessebi_3282501.html|title=Jaitley Rings in FMC-Sebi Merger}}</ref><br />
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==References==<br />
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==External links==<br />
* [http://www.sebi.gov.in/ Securities and Exchange Board India]<br />
* [https://www.shyamadvisory.com/commodity-trading-in-india/ Commodity Trading in India]<br />
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{{Commodity Exchanges in India}}<br />
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{{DEFAULTSORT:Commodity Trading In India}}<br />
[[Category:Commodity markets in India|India]]</div>>Citation bot