Opportunities perceived by participants at commodity exchange in the state of Rajasthan

Autor: Raju Kumawat, Banshi Lal Verma
Rok vydání: 2015
Předmět:
Zdroj: Economic Affairs. 60:63
ISSN: 0976-4666
0424-2513
DOI: 10.5958/0976-4666.2015.00007.8
Popis: In this investigation an attempt has been made to study the opportunities perceived by farmers, traders and non-traders at bikaner commodity exchange limited, Bikaner Rajasthan. For this purpose primary data were collected for the year 2007- 2008. The required information was collected through personally interviewing the authorized brokers, trading members and farmers associated to the exchange. These data were then analyzed by simple percentage method to obtained objective oriented results. The major opportunities perceived by the traders at Bikaner Commodity Exchange Limited were the futures market are less risky as compared to spot market (92.31), helps traders concentrate on core activity, arbitrage opportunity, price discovery and price risk management, and a good investment option. Taking benefits of prices discovered on platform of commodity exchange (76.32), integrating trade and market support infrastructure, getting benefits indirectly from the use of active futures, using low cost MIS based on various media such as Cell-phone networks, T.V., Radios, Newspapers, and regularly using the market for hedging cash market position at the grass root level were the major opportunities perceived by the farmers at BCEL, Bikaner. Provide long term price signals (89.47), provide facilities for payment and settlement at delivery contract, transparency in prices were the major opportunities perceived by the non-members clients at that exchange.
Databáze: OpenAIRE