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Singapore and Indian commodity exchanges unite

As part of the agreement, NCDEX will give SICOM use of its agricultural commodity index.

The two exchanges plan to develop new products together through sharing information and market research. The partnership marks the first time both SICOM and NCDEX have allowed their product offerings to be traded by a foreign exchange.

According to Mr R Ramaseshan, managing director & CEO of NCDEX, the collaboration will increase global access to Indian commodities. "India is one of the fastest growing centres

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