India's NCDEX Picks MilleniumIT Infrastructure
LSEG company will provide core technology to India exchange
NCDEX will use MilleniumIT's multi-asset latency-sensitive trading solution, Millennium Exchange, and Millennium Surveillance, which are both part of the Millennium Advanced Platform.
"Regulated commodity markets are at the heart of India's economy and the last decade has seen us grow into a platform with the largest pool of liquidity in agricultural commodities in the country," said Samir Shah, CEO of NCDEX. "We are now looking for a paradigm shift in bringing greater convenience and increased efficiency in our offering of integrated marketplace comprising spot, forward and futures."
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