Ace ties up with NewsWire18; market data will be available on real time basis

18 July 2012
Mumbai, July 18, 2012: Ace Derivatives and Commodity Exchange Limited (“Ace”), a Kotak Group anchored commodity exchange in India, today announced that it has tied up with NewsWire18. With this tie up, market data of Ace will now be available on NewsWire18 desktop on a real time basis.
Mr. Dilip Bhatia, CEO, Ace Derivatives and Commodity Exchange Limited said, “Access to real time market data is critical for timely and informed decision making for our members and their clients. Our tie up with NewsWire18 provides the market participants yet another access point for market data of commodities traded on Ace.”
Ace members and NewsWire18 clients such as brokerage firms, commodity trading houses, large corporate players in the commodity sector and other market participants can now access the Exchange’s real time market data directly via their NewsWire18 desktop.
About Ace
Ace Derivatives and Commodity Exchange Limited ( ) is a screen based online derivatives exchange for commodities anchored by the Kotak Group as a majority stake holder. Ace Commodity Exchange, earlier known as Ahmedabad Commodity Exchange Limited, has been in existence for more than 5 decades in Commodity Derivatives Business, bringing in the best and transparent Business Practices in the commodity space.
Kotak group-the anchor investor in the Exchange has pioneered many business practices existing in the financial services industry over the last 25 years. With Ace, they bring to the market a new, state-of-the-art trading platform which combines the operational efficiency of global exchanges with deep domain expertise in each commodity vertical.
For Further Information

Ananya Shukla Akhila Natarajan

Ace Derivatives and Commodity Exchange Ltd Hanmer MSL

+91 9833635477 +91 9821689525