Indian Commodities Exchange of India Ltd (ICEX) is SEBI regulated online Commodity derivative Exchange, Headquarters in Mumbai. It provides a nationwide trading platform through its appointed brokers. It is the first Exchange worldwide to launch the Diamond Derivative contract.
- On July 11, 2019, the Paddy Basmati derivative contract was also launched. The Exchange has plans to introduce innovative contracts from time to time and keep its position as an innovative Exchange
- ICEX 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
- SEBI has permitted ICEX to launch Mutual Fund distribution, using the Exchange infrastructure and the Exchange will start this segment during the current financial year.