First Commodities Exchange of India (FCEI)

First Commodities Exchange of India Limited (FCEI) is a professionally managed on-line multi commodity exchange promoted in the year 2000 by Cochin Oil Merchants Association (COMA) and First Commodity Clearing Corporation of India Limited (FCCCI) to provide a meaningful presence in the world of commodity futures, harnessing state of the art technology.

FCEI is the first commodity exchange approved by the Government of India for futures trade in Copra, Coconut oil and Oil cake. Since time immemorial, Kochi has been the centre of Spices and Coconut oil trade in India. Even during pre-independent days forward trading in these agri-commodities were taking place here. Thus when the Government introduced futures market in commodities during 1999, our promoters with their century old domain knowledge in the business were among the first to stake claim.

The success of our strategy is apparent from the fact that our fast growing member list includes well known regional and national industry players. Over the years, we have switched over to complete screen based trading, where limits are fixed with pre-margin requirements and settlements counter guaranteed.  Our trading charges are the lowest in the business and we are a zero debt company.