Sicom and NCDEX co-operate
The Singapore Commodity Exchange (Sicom) and India's National Commodity & Derivatives Exchange (NCDEX) have signed an agreement that will allow certain products to be traded and cleared on both exchanges.
According to Unupom Kausik, chief business officer at NCDEX, the Indian exchange plans to offer its cotton, pepper and sugar contracts on Sicom. Sicom, meanwhile, will offer its two rubber contracts - TSR 20 and the RSS3 - to the Indian market through NCDEX.
Kausik says he hopes the venture will
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