IPE and NCDEX Contract

The NCDEX and the IPE decided they are going to have a project that allows Indian participants to trade rupee-denominated Brent Crude futures contracts.  The Brent Crude contract will give Indian companies  a chance to hedge in on oil price risk on the Indian Exchange. This contract will be traded exclusively on NCDEX.  The IPE will offer real live prices on NCDEX screens in India. 

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