Heckyl Commodity Platform
Commodities trading in India has a very rich history. In fact the first organized futures market that was set up in India was for a commodity – Bombay Cotton Trade Association. Since then, trading in commodities has always been the preserve of big traders, commodity powerhouses and institutional investors.
The advent of electronic trading in commodities in India in December 2003 has opened the field for more participation into the markets. However, the commodities segment in India still lags the equities segment in terms of adoption of technology for building advanced and informative trading platforms. Most of the prevalent commodities trading platforms in India still offer only basic features such as buying – selling, watchlist and charts. Read the rest of this entry »
Commodities are driven by demand and supply, which provides a basis for determining price directions. As commodities don’t have to deal with subjective issues like financial performance, management quality etc., they move with their respective business cycles. Commodities are broadly classified into agricultural commodities, metals and energy. Within these broad classifications, each commodity can exhibit its own trend based on respective business cycles.
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