NMCE Signs Up FTIL’s ODINTM for its Front-end Trading Technology »

• NMCE segment to be integrated on ODINTM
• ODINTM enjoys over 80% market share in front end CTCL trading solution in India
• Over 3,50,000 ODINTM licenses sold till date
• Over 1,00,000 trading terminals across 6 exchanges in India
• Over 1000 institutions and brokerage clients including top 30 Indian banks
Mumbai, July 15, 2009: National Multi-Commodity Exchange (NMCE), India’s Pioneer online commodity
exchange which has grown 142% yoy has signed up for ODINTM — brokerage solution of Financial
Technologies India Ltd. (FTIL). FTIL is the numero uno trading Technology Company in India providing
front-end trading solutions for brokers and institutional clients.
An agreement was signed today in presence of Mr. Jignesh Shah, Chairman and Group CEO, FTIL and Mr.
Kailash Gupta, Founder and MD, NMCE.
NMCE segment would be integrated in the Financial Technologies’ flagship product ODINTM, which enjoys
more than 80% market share in front-end exchange trading solutions used by brokers, banks and
institutions. ODINTM is one of the most preferred CTCL (computer-to-computer link) solutions, and in the
last 10 years since it revolutionized exchange trading in India, FTIL has sold over 3,50,000 licenses for
over 1 lakh trading workstations to service over 1,000 Indian institutions and brokerage clients including
the top 30 Indian banks.
With the integration of NMCE segment in ODINTM, FTIL front-end CTCL trading solutions for all the Indian
exchanges across asset classes like equities (cash and F&O), commodities (spot and futures) and currency
derivatives. FTIL is the second largest distribution trading Technology Company in the world after
NASDAQ-OMX Group.
Mr. Kailash Gupta said, “We appreciate that FT has agreed to integrate NMCE to help the masses benefit
from their proven technology on client level and inter-exchange risk management. Our members,
particularly the corporate ones had been requesting for getting NMCE segment on ODINTM. We are glad
and thank FT for their time bound commitment and this comes as a fair deal to all the customers who are
going to use NMCE segment on ODINTM.
“ODINTM trading solutions provides robustness, credibility and neutrality along with the largest support
service network and end consumer ownership. ODINTM today is a country’s benchmark in trading
solutions” Mr. Gupta added.
Mr. Jignesh Shah said, “NMCE being one of the leading commodity exchanges in India, has huge
potential to provide added depth in exchange traded commodity market by connecting to the actual
hedgers and becoming a key contributor to India’s growth in this segment. ODINTM will match NMCE’s
business goals with the vision to create a well distributed market. I am sure that it will be a delight for
NMCE’s clients and brokers to trade using ODINTM”.
Mr. Shah also pointed out that “Indian exchanges have come of age to become world-class platforms
mainly on account of efficient depository in place and the distribution network provided by FTIL’s ODINTM
CTCL technology. ODINTM has the highest safety net in trading technology and provides over 80 different
variants of real-time risk management checks per transaction.”
On being informed of this development, FMC Chairman Shri B.C. Khatua said, “I am glad that two
organizations have shown the sagacity and camaraderie in the interest of stakeholders of the commodity
exchange by integrating NMCE segment in the popular CTCL, ODIN of FT.
ODINTM trading solutions are also being used by market participants in all the Indian exchanges like
Bombay Stock Exchange (BSE), MCX Stock Exchange, National Stock Exchange (NSE), MCX Ltd (MCX),
National Commodity and Derivative Exchange (NCDEX) and National Multi Commodity Exchange (NMCE).
Some of the leading new generation tech-centric exchanges in emerging economies like Dubai Financial
Markets, Dubai Gold & Commodity Exchange, Dubai International Financial Exchange (DIFX), Tadawul
Saudi Arabia and Abu Dhabi Stock Exchange are also using ODINTM as the front-end brokerage solution.
About NMCE
National Multi Commodity Exchange is the first nationalized multi commodity exchange that pioneered the
commodity trade in India. It has more than 300 members on board today with a Pan-India presence.
Promoted by leading commodity-relevant institutions NMCE has positioned itself as an exchange for the
purpose of Price discovery, Price risk management, transparent transactions and seamless hedging. These
commodity relevant institutions include Central Warehousing Corporation Ltd. Which has more than 500
warehouses across the country with a storage capacity of more than a crore tonnes, Punjab National
Bank- country’s second largest public sector bank having more than 4500 centralized banking system
online branches, NAFED- the apex body of more than 600 marketing co-operatives, Gujarat Agro
Industries, Corporation Ltd.- a nodal agency of Gujarat state for promotion and setting up of modern
agricultural markets, Neptune Overseas Ltd.- an erstwhile recognized export house by the Government of
India having a dream and vision of technology backed transformation of the market economy and the
Reliance ADA Group as the largest financial services and solution provider.
About ODIN
ODINTM - the Multi-Exchange, Multi-Currency Front Office trading and risk-management system makes
trading on multiple markets easier through the use of single application. It incorporates appealing features
and works on advanced technology which facilitates higher accessibility, ensuring speedy performance and
advanced risk management. ODINTM is a scalable solution that ensures high performance standards and
which can be easily deployed across varied locations with relative ease. ODINTM provides real time
connectivity to the Multiple Exchanges offering highest order execution speeds and operational stability.
About Financial Technologies
(NSE: FINANTECH, BSE: FlNTECH, Bloomberg: FTECH IN)
Financial Technologies India Ltd (FTIL), the flagship company of the Financial Technologies Group, is
among the global leaders in offering technology IP and domain expertise in creating next generation
financial markets (exchanges) across all assets class including equities, commodities, currency, and debt.
The Financial Technologies Group currently owns and operates 10 national and international exchanges
spanning markets from Africa to Middle East, India and South East Asia. It owns and operates six
ecosystem ventures to support and complement the exchange businesses.
www.ftindia.com

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