|
| |
ANNEXURE–II
STATUS REPORT OF THE EXCHANGES
PARAMETERS OF REFORMS
|
Name of Exchange |
Commodity |
Training members |
Professionalisa-tion of management |
Clearing mecha-nism |
Computerization |
Trade guarantee Mecha-nism |
Simplification of report-ing System |
Daily mark Margin-ing System |
Time Stamp-ing |
Reporting |
Customer Protection |
Online trading |
Remarks |
|
Vijay Beopar Chamber Ltd., Muzaffar-nagar |
Gur |
P I |
N.I. |
In-house |
P I |
N.I. |
F.I. |
F I |
P.I. |
P.I. |
N.I. |
N.I. |
|
|
Bhatinda Om & Oil Exchange Ltd., Bhatinda |
-do- |
P I |
N.I |
In-house |
P I |
P.I |
F.I |
F I |
P.I |
P.I |
N.I |
N.I |
|
|
Meerut Agro Commodity Exchange Co (P) Ltd, Meerut |
-do- |
P I |
N.I |
In-house |
P I |
N.I |
F.I |
F I |
P.I |
P.I |
N.I |
N.I |
|
|
Rajdhani
Oil and Oilseeds
Exchange
Ltd, Delhi |
-do- |
P I |
N.I |
In-house |
P I |
N.I |
F.I |
F I |
P.I |
P.I |
N.I |
N.I |
|
|
Chamber of Commerce, Hapur |
Gur & Potato |
P I |
N.I |
In-house |
P I |
N.I |
F I |
F I |
P.I |
P.I |
N.I |
N.I |
|
|
India Pepper & Spice Trade Association,
Kochi. |
Papper |
N I |
N I |
In house |
F I
(Except on line ) |
F I |
F I |
F I |
N I |
P I |
F I |
N I |
|
|
Spices & Oilseeds Exchange Ltd,
Sangli. |
Turmeric |
N I |
N I |
(in house) |
P.I. |
N I |
F I |
F.I |
N I |
P I |
N I |
N I |
|
|
The Bombay Oil Seeds & Oils Exchange Ltd,
Mumbai |
i) Castorseed
ii) Castor
oil
iii) R B D Palmolein
iv)Ground-
nut oil
v)
sunflower
oil |
P I |
F I |
In house
as well as independent
(PCCCI) |
F I
(Except on line ) |
P I |
F I
|
F I
|
F I
|
F I
|
F I
|
P 1
|
Contract for on line trading awarded .Expected to be ready by April 2001. A clearing of castorseed through PCCCI shortly. |
|
The Ahmedabad
Commodity Exchange |
Castorseed |
N I |
F I |
In house |
P I |
P I |
F I |
F.I |
F I |
F I |
P I |
N I |
Trade Guarantee Fund proposed to be raised from Rs. 10 lakh to 25 lakhs. |
|
The Rajkot Seeds Oil and Bullion Merchants Association, Rajkot. |
Castorseed |
N I |
N I |
In house |
P I |
N I |
F I |
F.I |
N I |
P I |
N I |
N I |
|
|
The Kanpur Commodity Exchange, Kanpur |
Rapeseed/Musterseed, Oil and oilcake |
N I |
F I |
In house |
F I
(Except on line ) |
F I |
F 1 |
F 1 |
F 1 |
F I |
P.I. |
N I |
-- |
|
The East India Jute & Hessian Exchange Ltd, Calcutta. |
Raw jute & Jute goods |
P I |
F I |
In house |
F I
(Except on line ) |
N I |
F I |
F I |
F I |
F I |
P I |
N I |
|
|
East India Cotton
Association, Mumbai. |
Cotton |
N 1 |
F 1
|
In house |
F I
(Except on line) |
N I |
N I |
F I |
F I |
F I |
F I |
P I |
|
|
Sopa Board of Trade, Indore. |
Soyabean
Soyaoil
Soya cake |
N 1 |
F 1 |
In house |
F 1 |
F 1 |
F 1 |
F 1 |
F 1 |
F 1 |
P I |
N.I |
On line trading module developed in house ,being tested. |
|
Coffee Futures Exchange India Ltd, Bangalore. |
Coffee |
N I |
F I |
In house |
F I |
F I |
F I |
F I |
F I |
F I |
F I |
F I |
|
*** Please indicate the position in respective columns in the following manner.
FI. Fully implemented, PI-Partially implemented, NI-Not Implemented.
ANNEXURE-III
Total volume of trading and estimated value* of several commodities in which futures trading is permitted.
(April-March)
Volume of Trading – In lakh tonnes
Value - In Rs. Crores
|
Sr
No |
Name of the Exchange |
Date of first recognition |
1996-97 |
1997-98 |
1998-99 |
1999-2000 |
2000-2001 |
2001-2002 |
|
Volume of Trading |
Value |
Volume of Trading |
Value |
Volume of Trading |
Value |
Volume of Trading |
Value |
Volume of Trading |
Value |
Volume of Trading |
Value |
|
1. |
The Indian Pepper and Spice Trade Association, Kochi
Domestic Division
(Pepper) |
11.5.1957 Permanent |
0.86 |
764.87 |
1.56 |
2834.36 |
1.73 |
3410.56 |
1.24 |
2861.7 |
1.29 |
2580.4 |
0.81 |
611.01 |
|
2. |
The Indian Pepper and Spice Trade Association, Kochi
International
(Pepper) |
1.11.1996 |
|
|
|
|
0.007 |
15.21 |
0.40 |
106.0 |
0.02 |
5.6 |
N.T |
- |
|
3. |
The Ahmedabad Commodity Exchange Ltd., Ahmedabad
(Castorseed) |
26.5.1956 Permanent |
54.84 |
5980.59 |
68.76 |
8005.87 |
44.91 |
6854.03 |
30.68 |
5220.31 |
24.73 |
3468.90 |
33.51 |
4004.07 |
|
4. |
The Ahmedabad Commodity Exchange Ltd., Ahmedabad (Cotton) |
26.5.1956 Permanent |
- |
- |
- |
- |
- |
-- |
- |
- |
- |
- |
0.03 |
2.74 |
|
5. |
The Rajkot Seeds Oil & Bullion Merchants Asso-ciation Ltd., Rajkot
(Castorseed) |
2.4.1991 |
19.85 |
2166.90 |
21.36 |
2495.19 |
16.77 |
2562.37 |
16.35 |
2811.31 |
18.94 |
2761.21 |
17.00 |
2014.30 |
|
6. |
The Rajkot Seeds Oil & Bullion Merchants Association Ltd., Rajkot ( Groundnut Oil ) |
22.11.2001 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1.41 |
495.22 |
|
7. |
The Bombay Commodity Exchange Ltd., Mumbai
(Castorseed)
|
8.9.1956
Permanent |
2.53 |
278.50 |
0.25 |
29.59 |
0.11 |
17.17 |
0.09 |
15.44 |
0.10 |
14.25 |
0.10 |
11.00 |
|
8. |
The Bombay Commodity Exchange Ltd., Mumbai
(Castor Oil)
|
6.2.1998 |
- |
- |
|
|
|
|
0.04 |
13.86 |
0.01 |
4.70 |
0.008 |
2.00 |
|
9. |
The Bombay Commodity Exchange Ltd., Mumbai
(RBD Palmolein)
|
8.8.2000 |
- |
- |
-- |
-- |
-- |
-- |
-- |
-- |
0.04 |
8.68 |
0.03 |
8.60 |
|
10 |
(Cottonseed) |
8.9.1956 Permanent |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.002 |
0.21 |
|
11 |
(Groundnut Seed) |
1.8.2000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.0033 |
0.69 |
|
12 |
(Groundnut Oil) |
1.8.2000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.002 |
0.71 |
|
13 |
(Sunflower Oil) |
1.8.2000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.00345 |
1.43 |
|
14 |
(Groundnut Oilcake) |
1.8.2000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
N.T. |
- |
|
15 |
(Sunflower Seed) |
1.8.2000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
N.T. |
- |
|
16 |
(Sunflower Oilcake) |
1.8.2000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
N.T. |
- |
|
17. |
National Board of Trade, Indore
(Soy Oil)
|
12.10.1999 |
- |
- |
-- |
-- |
-- |
-- |
1.08 |
260.03 |
32.22 |
7857.43 |
49.86 |
14256.7 |
|
18. |
National Board of Trade, Indore
(Soy Seed) |
12.10.1999 |
- |
- |
-- |
-- |
-- |
-- |
0.007 |
0.65 |
0.14 |
14.48 |
0.06 |
6.21 |
|
19. |
National Board of Trade., Indore
(Soy Cake) |
12.10.1999 |
- |
- |
-- |
-- |
-- |
-- |
0.006 |
0.43 |
0.2 |
2.07 |
0.0006 |
0.40 |
|
20. |
National Board of Trade., Indore
Rapeseed/ Mus-tardseed ) |
1.6.2000 |
- |
- |
-- |
-- |
-- |
-- |
-- |
-- |
0.03 |
4.2 |
0.06 |
7.90 |
|
21. |
National Board of Trade., Indore
Rapeseed/ Mus-tardseed Oil) |
1.6.2000 |
- |
- |
-- |
-- |
-- |
-- |
-- |
-- |
0.1 |
26.4 |
0.03 |
7.60 |
|
22. |
The Kanpur Commodity Exchange Ltd., Kanpur
(Mustard Seed) |
20.4.200 |
- |
- |
-- |
-- |
-- |
-- |
-- |
-- |
0.10 |
13.62 |
NC |
- |
|
23. |
The Kanpur Commodity Exchange Ltd., Kanpur
(Mustard Oil) |
20.4.2000 |
- |
- |
-- |
-- |
-- |
-- |
-- |
-- |
0.003 |
0.76 |
NP |
- |
|
24. |
The Kanpur Commodity Exchange Ltd., Kanpur
(Mustard Oilcake) |
20.4.2000 |
- |
- |
-- |
-- |
-- |
-- |
-- |
-- |
0.005 |
0.02 |
N.P. |
- |
|
25. |
East India Cotton Association, Mumbai
(Cotton) |
14.6.1955 Permanent |
- |
- |
-- |
-- |
0.02 |
9.32 |
0.35 |
142.8 |
0.21 |
139.45 |
0.02 |
115.88 |
|
26. |
The Chamber of Commerce, Hapur
(Potato) |
1985 |
0.79 |
29.18 |
1.76 |
56.24 |
0.09 |
4.64 |
0.22 |
5.48 |
0.52 |
14.36 |
0.02 |
0.80 |
|
27. |
The Chamber of Commerce, Hapur
(Gur) |
August 1973 |
29.28 |
1654.97 |
30.10 |
2760.15 |
23.85 |
2161.77 |
23.79 |
2236.05 |
28.80 |
2555.40 |
25.39 |
2486.75 |
|
28. |
Vijai Beopar Chamber Ltd., Muzaffarnagar
(Gur) |
August 1970 |
4071 |
2280.97 |
44.06 |
3429.25 |
61.34 |
9517.75 |
47.48 |
4509.90 |
31.28 |
2876.53 |
36.97 |
3685.46 |
|
29. |
Bhatinda Om Oil & Oilseeds Exchange Ltd., Bhatinda
(Gur) |
August 1973 |
29.81 |
1935.57 |
23.60 |
1895.90 |
20.41 |
1812.50 |
21.88 |
2263.30 |
21.24 |
2060.34 |
19.07 |
2316.99 |
|
30. |
The Meerut Agro Commodities Exchange Co. Ltd., Meerut
(Gur) |
April 1984 |
2.45 |
143.76 |
3.25 |
247.87 |
3.58 |
304.29 |
4.1 |
389.39 |
3.7 |
310.6 |
4.56 |
1797.54 |
|
31. |
The Rajdhani Oils and Oilseeds Exchange Ltd., Delhi
(Gur) |
April 1982 |
8.51 |
547.55 |
28.60 |
2231.01 |
4.51 |
383.25 |
8.24 |
787.15 |
7.78 |
667.53 |
18.36 |
7956.76 |
|
32. |
Coffee Futures Exchange India Ltd., Bangalore
(Coffee) |
13.2.1998 – Registration |
- |
- |
-- |
-- |
-- |
-- |
-- |
-- |
0.50 |
289.04 |
0.12 |
51.60 |
|
33. |
The East India Jute & Hessian Exchange Ltd., Calcutta
(Sacking)
|
29.3.1958 |
- |
- |
-- |
-- |
25.21 |
5022.39 |
5.58 |
1233.94 |
7.88 |
1703.44 |
10.01 |
2400.69 |
|
34. |
The East India Jute & Hessian Exchange Ltd., Calc utta
(Hessian)
|
29.3.1958 |
41.38 |
15604.01 |
26.60 |
7342.39 |
2.43 |
569.15 |
0.003 |
0.81 |
0.0008 |
0.22 |
0.001 |
0.40 |
|
35. |
The Spices & Oilseeds Exchange Ltd., Sangli
(Turmeric) |
11.4.1956 Permanent |
0.83 |
149.46 |
0.81 |
151.56 |
0.01 |
5.59 |
0.0002 |
0.03 |
0.002 |
0.21 |
0.006 |
4.38 |
- The total value of commodities for each year mentioned under the caption of futures trading is computed on the basis of monthly average futures prices of each delivery traded multiplied by monthly volume of respective delivery.
12 N
i.e S S pij + qij
i=1 j =1
Where pij = average monthly futures prices of ith month of jth delivery
Where qij = quantity traded in futures market during the ith month of jth delivery
N.T.- No trading
|