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Good response to ICEX mock trades in diamond futures

8,013 clients registered with the exchange system for these sessions, of which 5,119 participated

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Dilip Kumar Jha Mumbai
A pre-launch mock trading session in diamond futures on the Reliance ADAG-anchored Indian Commodity Exchange (ICEX) got encouraging response from members and traders in precious stones.

The mock trading commenced on August 7 and ended on August 11, with participation of 62 members and their clients from 388 terminals. The daily average turnover was about Rs 3,600 crore, with a peak of Rs 7,855 crore. The total number of trades were about 2.66 million.

“Pre-launch mock trading was aimed to demonstrate the robustness of the exchange trading system, help member brokers and their clients to have hands-on experience about the features of