Objects

¨    To establish organize, regulate and control a mechanism for facilitating trading in commodities such as oil seed, oils and oil cakes and other agriculture products

¨    To spread the cult of Commodities futures by removing the common myth about this market being a source of gambling. 

¨    To bring professionalism in this area by way of developing trading and settlement system of international standard and also by soliciting involvement of professionals in this market. 

¨    To set up a prestigious multi-commodity multi-location Commodity Exchange with utmost transparency in respect of price formation mechanism as well as Clearing and settlement. 

¨    To provide risk free trading facility by guaranteeing obligations in respect of settlement of all trades. 

¨    To provide authentic data and information relating to production, export, import, consumption, etc. relating to commodities in general and oilseeds, oils and oil cakes in particular. 

¨    To bring the Commodity futures market of the country on international map having participation from all leading upcountry operators. 

¨    To provide technological, systemic and managerial support to other Commodity Exchanges of the country. 

¨    Providing professional services to the customers participating in futures trading and guaranteeing a risk free environment by way of guarantee of trades and arbitration mechanism.