INDIA'S National Multi Commodity Exchange (NMCE) has announced that it will introduce ready delivery contracts through its online trading platform in order to provide an impetus to the trade flow in commodities. Kailash Gupta, NMCE's managing director said: "The ready contracts, being introduced shortly, will be precisely on the lines of the T+2 (trading day + two) cycle in equity markets. Initially, spot delivery contracts will be available in rubber, pepper and cardamom. New commodities will be introduced as per trade requirement from time to time... Read More