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"CSE and NCDEX Sign MoU to Promote Commodities and Derivatives Trading".

MOUs and Agreement | Dated: 22 Jan 2025

On January 20, 2025, the Colombo Stock Exchange (CSE) of Sri Lanka and the National Commodity and Derivatives Exchange (NCDEX) of India signed a Memorandum of Understanding (MoU) to promote and enhance commodities and derivatives trading in Sri Lanka.

🎯 Key Highlights:

  • - The MoU emphasizes sharing technical expertise between NCDEX and CSE, focusing on product development, trading mechanisms, and regulatory frameworks to benefit traders and market participants in both countries.
  • - Assistance will be provided to the Colombo Stock Exchange in establishing advanced trading systems and operational infrastructure for efficient commodity and derivatives trading.

💡 Other Important Facts:

  • (i) Joint training programs will be conducted to develop personnel skills in areas such as trading systems, technology, and regulations, fostering sustainable market development.
  • (ii) This collaboration is expected to strengthen the commodities and derivatives trading ecosystem in Sri Lanka while enhancing bilateral trade relations between the two nations.

📚 Test Your Knowledge:

Which organization recently signed an MoU with the Calcutta Stock Exchange (CSE) to promote commodities and derivatives trading?

Correct Answer: NCDEX

🚀 Quick Recap: