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CAI to exit from Cotton futures trading

Discuss CAI to exit from Cotton futures trading within the Stock Markets Tips & Gyan !! forums, part of the Quiz , Marketplace and Community games category; With the emergence of online platform like National Commodity and Derivatives Exchange (NCDEX) and Multi Commodity Exchange (MCX) for futures ...

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CAI to exit from Cotton futures trading
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Asha Soni
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CAI to exit from Cotton futures trading - July 4th, 2012

With the emergence of online platform like National Commodity and Derivatives Exchange (NCDEX) and Multi Commodity Exchange (MCX) for futures trading in cotton, the Cotton Association of India (CAI) decided to be de-recognise as a trading body.



According to CAI, a resolution was passed for de-recognising CAI as a trading body at a recent special general body meeting.
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