Commodity market oil is traded through NYMEX under trading symbol HO. Purified terephthalic acid (PTA) is traded through ZCE in units of 5 tons with the trading symbol of TA. Ethanol is traded at CBOT in units of 29,000 U.S. gal under trading symbols AC (Open Auction) and ZE (Electronic). Precious metals currently traded on the commodity market include gold, platinum, palladium and silver which are sold by the troy ounce. One of the main exchanges for these precious metals is COMEX. According to the World Gold Council, investments in gold are the primary driver of industry growth. Gold prices are highly
Derivative and Commodity Exchange Nepal Ltd. Derivative and Commodity Exchange Nepal Ltd. The Derivative and Commodity Exchange Nepal (DCX) is an Asian multi-product commodity and derivatives exchange situated in Nepal for commodity market in Nepal. Derivative trading in a diversified basket of commodities and derivatives (CFD) including futures and options contracts on precious metals, base metals, agriculture commodities, energy, currencies and commodity indices. In Nov 2011 the Derivative and Commodity Exchange Nepal Ltd. was granted Company recognition by Company Registrar Office, qualifying operating licence by the Company Registrar Office of Nepal to operate as a regulated and licensed exchange.Recently,The Commodities Act was passed by the Govt.of