NCDEX has brought Reliance Financial Limited a subsidiary of Reliance Capital on its panel as COMTRACK pledgee.

NCDEX announced its tie-up with Kotak Mahindra Bank to provide financing to the depositors of goods in warehouses approved by the exchange.

Trading in Sugar S began today with six contracts being offered; starting from contracts expiring in April 2015 to September 2015.

The exchange will facilitate delivery of 29 mm cotton bales through Comtrack, its proprietary electronic commodity account ting system.

'COMTRACK is a user-friendly web based application connecting the exchange, warehouses, assayers, members, CPs, investors and clients.'

NCDEX said its 40 approved warehouses have already been registered under the Warehousing Development and Regulatory Authority (WDRA).