About Indian Commodity Exchange (ICEX) A Comprehensive Overview of Price & Journey Understanding Indian Commodity Exchange (ICEX) Inception and Growth Overview Indian Commodity Exchange (ICEX) started its trading operations on August 28, 2017, and its headquarters office is in Mumbai, Maharashtra. It is an online Commodity Derivative Exchange regulated by the Securities Exchange Board of India.  The company also launched the Steel Long Future Contracts on August 28, 2018 and with this, the company has also obtained approval from SEBI to facilitate transactions in the Mutual Fund scheme on the platform. Technology plays a key role in the Exchange business, and accordingly, the exchange has tied up with leading technology provider Millennium IT, a subsidiary of London Stock Exchange Group, whose systems are used by exchange businesses around the world, providing advanced surveillance and risk management features at par with global best practices. It is the first exchange in India to use a global hi-tech platform that ensures a seamless and automatic switch-over to a Disaster Recovery site from its Data Centre with zero data loss. The exchange provides a nationwide trading platform through its appointed brokers and has 14 different commodity derivatives contracts available for trading on its platform, such as diamonds, basmati paddy, and so on. Competitors Multi Commodity Exchange (MCX)  Universal Commodity Exchange (UCX)  National Commodity and Derivative Exchange (NCDEX) Dividend Details There is no information provided regarding the dividend by the company. IPO Details There is no information provided regarding the IPO plans. ICEX Share Price Investors keen on the ICEX share price and performance track trading closely. As ICEX is presently unlisted, those in search of an ICEX unlisted share price must refer to approved brokers or unlisted share market websites for up-to-date valuations. Services Provided Trading: ICEX provides a platform for trading commodities, including diamonds, through appointed brokers. Hedging: ICEX offers a unique platform for hedging against price fluctuations in diamond derivatives.  Transparency: ICEX is known for bringing transparency to diamond trading.  Clearing and settlement: ICEX has an in-house clearing department that monitors and manages activities related to delivery, fund settlement, and margining.  Risk management: ICEX offers Value at Risk (VaR) measures that calculate the maximum potential loss in the value of an asset or portfolio over a defined period.  Client rights: ICEX offers grievance and arbitration services for clients.  Features: ICEX offers a global hi-tech platform, optimized processing techniques, and policies for customer satisfaction.  Products Agri Products Spices – Black pepper and Cardamom Oil & seeds: Castor Oil, Khopra, Mustard Seed & Soybean Oil  Plantation: Rubber  Fiber: Raw jute & Jute Sack Other: Guar Seed & Isabgol Seed Non-Agri Products Metals: Diamond and steel CEX Market Timings - Trading Sessions The ICEX is open 5 days a week, i.e., from Monday to Friday, with different timing for agro and non-agro commodities.   Agro Commodities: 9:00 am - 5:00 pm Non-Agro Commodities: 9:00 am -11:30 pm/11:55 pm Revenue Sources Transaction Fee Other membership fees Connectivity charges Income from penalty charges. Vaulting Charges Subsidiary The Company does not have Subsidiary Companies. Registered Office The Registered office of the company is in Surat, Gujarat, India. Board of Directors Mr. Sushil Kumar Agrawal, Independent Director Ms. Vaishali Kale, Shareholder Director