NCDEX Raises $88M for Equity Push

  Published 1 year ago

NCDEX secures $87.99M from global firms, brokers, targeting equity and derivatives trading launch within twelve months.

  • Citadel, Tower Research, Acacia, Zerodha, and Groww are investing small stakes, boosting NCDEX’s equity trading expansion and market presence.
  • Regulators tightened rules, curbing the derivatives surge; NCDEX aims for growth despite SEBI’s agricultural commodity futures ban.
  • CEO Raste highlights rural outreach, smaller towns’ participation, and ensuring stronger growth potential in India’s regulated equity trading market.

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