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Friday, May 7, 1999

JCS to provide e-commex product for futures trade 

Our Bureau  
Mumbai, May 6: JCS Pvt Ltd has been selected by the Bombay Oilseeds and Oils Exchange (BOOE) to provide e-commex product to automate the international futures trading in castor oil at the exchange scheduled to commence on May 10. According to a press release, e-commex Tm is licenced to BOOE by JCS, which is a specialist company in providing Internet-based broadcast and trading engines.

E-commex is configured to comply with the rules and regulations of the Forward Markets Commission (FMC) and can be used for multiple commodities. It also caters to total automation of any local and international commodity derivatives/futures exchanges. JCS will provide total information technology partnership to BOOE for their spot and derivatives trading. JCS's Internet based broadcast and trading engines has the applicability in other high transaction markets like treasury and depository where the mode of transaction is electronic or they want to switch to the E -- commerce approach.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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