National Spot Exchange is an Commodity Exchange in India, is a joint venture of Financial Technologies (India) Ltd. (FTIL) and National Agricultural Cooperative Marketing Federation of India Limited (NAFED). National Spot Exchange has commenced its Live trading operations in different commodities from Wednesday, the 15th October 2008. It has started trading in Pre-certified cotton bales for Mumbai delivery, Imported Gold bar and silver bar for Ahmedabad delivery from the day one an now has added number of commodities for the spot trading.
Its stated mission is to develop a Common Indian Market, by setting up a national level electronic spot market and providing a state of art trading, delivery and settlement facilities in various commodities, which can be accessed from across the country.
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