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

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

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