Nepal Spot Exchange (NSE) has
facilitated the first ever trade in local agro commodity with physical delivery
through pure order matching mechanism which is a first of its kind in the
domestic commodities exchange industry.
The immense research and untiring
efforts put in by the warehouse team of the exchange has helped it execute a
trade in potato between a Kavre and a Kathmandu based buyer and seller after
the buy and sell quotes registered were matched through an offline mechanism,
according to NSE.
The buyers and sellers are
benefited by the transaction of quality goods at reasonable prices with well
defined and organised delivery facilities, said Nepal Spot Exchange.
"The team would like to
express its heartfelt gratitude to its first buyer and seller of physical
delivery mechanism for their trust and support in the new emerging concept and
would also like to inform the stakeholders that the exchange will be very soon
launching the online mechanism for physical delivery as well," it added.
Beside these contracts, the
exchange facilitates trading in 21 contracts in its Roll Over and Futures
Segment including currency trading in US dollar and Nepali rupee.
Nepal Spot Exchange is a
professionally organised, structured and managed online commodity spot exchange
marketplace, which facilitates easy market access to producers, traders, bulk
dealers, and consumers to trade in a wide spectrum of commodities ranging from
local agricultural products to bullions, industrial metals, and energy through
an online trading platform.
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