| Timeline |
Milestone |
| Oct 2006 |
NCDEX Spot Exchange (NCDEX SPOT) comes into existence with its head office at NCDEX, BKC Complex, Kurla.
|
| Dec 2007 |
First Spot exchange to go critical with its electronic trade.
|
| Jul 2008 |
First Spot Exchange to launch Trade to trade (T2T) Steel contract in spot Markets.
|
| Jul 2008 |
NCDEX gets permission from Ministry of Consumer affairs for launching Daily Net Settlement Contract (DNS) on its spot exchange –NSPOT.
|
| Jan 2009 |
NCDEX SPOT launches first ever fungible contract in Sugar. Thus, bringing benefits of Future markets to the spot market participants.
|
| Feb 2009 |
1. NCDEX SPOT Bullion Ltd.(NBL) formed to encourage electronic trade in Bullion.
2. NCDEX SPOT facilitates first pledge loan for farmers in Gulbarga.
|
| May 2009 |
1. NCDEX SPOT gets in-principle approval from HLC of FCI to sell coarse grains in AP and Karnataka through e-auctions on NCDEX SPOT.
2. Hafed-BNSPOT exchange goes live in Rewari, Haryana
|
| Jul 2009 |
NCDEX SPOT successfully trades Imported Pulses on its trading platform. Becomes the leading spot exchange in e-auctions.
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| Sep 2009 |
First ever successful electronic auction of pulses conducted on NCDEX SPOT.
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| Jun 2010 |
NSOPOT successfully concludes first ever e-auction in Sugar on a spot exchange platform
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