What is Indian Commodity Exchange

What is Indian Commodity Exchange (ICEX)?

Created December 28, 2020
Author Clarice Mendonsa
Reading Time: 3 minutes

Indian Commodity Exchange Limited or ICEX is a SEBI regulated online Commodity Derivative Exchange, headquartered at Mumbai. ICEX provides a nationwide trading platform through its appointed brokers for commodity trading in India. ICEX launched the world's first-ever Diamond derivatives c...

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SAMCO Securities Limited(Formerly known as Samruddhi Stock Brokers Limited): BSE:EQ,FO,CDS | NSE:CM,FO,CDS | MCX-SX:EQ,FO,CDS | SEBI Reg. No. INZ000002535
Depository Participant: CDSL: IN-DP-CDSL-443-2008.
SAMCO Commodities Limited(Formerly known as Samruddhi Tradecom India Limited) FMC Code-MCX: MCX/TCM/CORP/1326| NCDEX: NCDEX/TM/CORP/1123

Attention Investors:
“Prevent un-authorized transactions in your account --> Update your mobile numbers/email IDs with your stock brokers and depository participants. Receive information of your transactions directly from Exchange or Depository on your mobile/email at the end of the day. Issued in the interest of investors”

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."