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KOCHI'S India Pepper and Spice Trade Association (Ipsta) has launched electronic pepper and rubber futures contracts as part of its ongoing expansion programme. Ipsta is India's only regional exchange, competing with the National Multi-Commodity Exchange (NMCE) and the National Commodity Exchange (NCE). Since Ipsta is a Section 25 company under the Indian Companies' Act, a guarantee mechanism for commodities other than pepper needs to be set up and the bourse has just completed this... Read More

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