The National Stock Exchange of India (NSE) has signed a Memorandum of Understanding (MoU) with Bharat Metal Exchange Ltd. (BME), formerly known as Bombay Metal Exchange Ltd., to promote the development, awareness and adoption of non-ferrous metal derivatives in India.
BME, which has a history spanning more than nine decades, has built an extensive network across the non-ferrous metals trade and industry ecosystem. Through the partnership, NSE's derivatives market infrastructure will be combined with BME's industry expertise and engagement with participants in the physical non-ferrous metals market.
