National Spot Exchange is a joint venture of Financial Technologies, MCX and National Agricultural Cooperative Marketing Federation (NAFED) along with the State Bank of India (SBI) as a Strategic Partner. The crux of the initiative lies in facilitating the producers and the consumers to meet electronically by setting up an electronic platform for commodity trading. National Spot Exchange is a national level institutionalized, electronic, transparent spot Exchange, which is poised to transform the rural economy. It is a state-of the-art unique market place providing customized solutions to various problems faced by the farmers, traders, processors, exporters, importers, arbitrageurs, investors and the general mass.
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