NCDEX average daily traded value in futures up 18.11% in Aug

National Commodity and Derivatives Exchange (NCDEX) today said its futures segment has witnessed encouraging growth in August this year with trading volume jumping by 18.11 per cent at Rs 4,150.02 crore as compared to the same period last year.
The average daily trade value (ADTV) registered for month of August this year was Rs 4,150.02 crore, a growth of 18.11 per cent on year-on-year (y-o-y) basis.
The open interest stood at Rs 7,430.57 crore, up 7.66 per cent y-o-y. The exchange has also registered total volume of 24,433 MT in forwards segment since inception, with volume of over 5,300 MT in August, NCDEX said in a statement here.

The agri futures segment registered monthly total volume of Rs 85,181.5 crore. The top three commodities were chana, refined soya oil and guar seed with total traded volume of Rs 19,334.01 crore, Rs 10,672.34 crore and Rs 10,265.4 crore, respectively.
The exchange has facilitated smooth delivery of 121,089 MT goods in the August expiry, the release said.
The forwards segment on NCDEX has also been growing steadily. The forwards segment has registered volume of 24,433 MT with traded value of Rs 10,110.50 lakh and delivered 23813 MT of commodities on the Exchange platform since its launch in September 2014.
In August-2015 alone, over 5300 MT commodities were traded in the forwards segment. NCDEX has registered 49 members in the forwards segment while 54 more members are in registration process.

NCDEX offers wide range of benchmark products across agriculture, metals and precious metals.