E-Trading for Spot Market

Product Details

Categories

>Other Support Services

Company Details

Company Name

National Spot Exchange Ltd.

Contact person

Hiren Kumar

Phone

0281-0281-3254999

City

Rajkot

State

Gujarat

Country

India

Fax

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Email

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Description

National Spot Exchange Limited (NSEL) is a National level Institutionalized, Electronic, Transparent Spot trading platform, which is poised to transform the rural economy by way of improving marketing efficiency for agricultural produce. It is a state-of the-art organized and structured market place providing facilities for risk free and hassle free procurement and selling of farm produce. NSEL provides customized solutions to various problems faced by the farmers, traders, processors, exporters, importers, arbitrageurs, investors and the general mass relating to agricultural marketing, storage, warehouse receipt financing, etc. The main objective of National Spot Exchange is to improve farmers’ realization without increasing price paid by the consumers through making structural reforms in agricultural marketing process. This is achievable by reducing cost of intermediation and creating an electronic linkage between arrival centers and consumption centers across the country. Trading on National Spot Exchange provides the participants immunity from the credit risk and counter party defaults, as all trades are guaranteed by the Exchange. The Spot Exchange is based on the principle that it provides an organized and centralized trading environment with the facility to access the market electronically & remotely and providing trading in the quality and quantity specified commodities.