<p>ACE Derivatives and Commodity Exchange was formerly known as Ahmedabad Commodity Exchange and operated at a regional level primarily trading in castor.<br /><br />ACE Derivatives and Commodity Exchange becomes India's fifth national commodity bourse after National Commodity and Derivatives Exchange (NCDEX), Multi-Commodity Exchange (MCX), National Multi-Commodity Exchange and Indian Commodity Exchange.<br /><br />The country now has 21 commodity bourses in all.<br /><br />India, which allowed futures trading in commodities in 2003, has one of the fastest growing commodity futures markets and had a combined turnover of 77.65 trillion rupees in the 2009/10 fiscal year ending March.<br /><br />Turnover at Indian commodity bourses rose 58.80 percent to 33.72 trillion rupees in the first four months of 2010/11 fiscal. <br /><br /><br /><br /><br /><br /></p>
<p>ACE Derivatives and Commodity Exchange was formerly known as Ahmedabad Commodity Exchange and operated at a regional level primarily trading in castor.<br /><br />ACE Derivatives and Commodity Exchange becomes India's fifth national commodity bourse after National Commodity and Derivatives Exchange (NCDEX), Multi-Commodity Exchange (MCX), National Multi-Commodity Exchange and Indian Commodity Exchange.<br /><br />The country now has 21 commodity bourses in all.<br /><br />India, which allowed futures trading in commodities in 2003, has one of the fastest growing commodity futures markets and had a combined turnover of 77.65 trillion rupees in the 2009/10 fiscal year ending March.<br /><br />Turnover at Indian commodity bourses rose 58.80 percent to 33.72 trillion rupees in the first four months of 2010/11 fiscal. <br /><br /><br /><br /><br /><br /></p>