Ace Unveils New Futures Contracts

Ace Derivatives and Commodity Exchange will start trading in Guar Seed and Guar Gum futures.

Ace Derivatives and Commodity Exchange will start trading in Guar Seed and Guar Gum futures. The Kotak Group anchored Indian commodity exchange will now offer trading in eight different commodities, including the two new contracts.

The contracts for September, October and November 2011 will be available for trading. Both the contracts have been launched with their basis centre as Jodhpur with additional delivery centers at Bikaner, Nokha and Deesa among others.

Click here for the release from Ace.