Universal Spot Exchange (USE) would offer an electronic trading platform for trading in a host of agricultural commodities, to various market participants, primary producers including farmers, traders, etc.

Universal Spot Exchange’s (USE) state-of-the-art online spot trading platform would have an integrated trading, clearing and settlement system, coupled with robust risk management and would be based on the concept of delivery v/s payment, whereby the open positions at the end of the day (EOD) will result in delivery through approved warehouses, subject to quality standards.

Universal Spot Exchange (USE) will enable the farmers to trade seamlessly on the platform so that they receive the best possible price. The real time availability of information and simple delivery process will ensure  that the farmers  are   the main direct beneficiaries of this trading platform.  

Universal Spot Exchange (USE) aims to provide authentic spot price of various commodities that can be used by the futures market as the benchmark price for settlement of their contracts on the date of expiry.

Universal Spot Exchange (USE) would promote grading and standardization of agricultural   produces and create  a market , where   banks and  money lending agencies can provide warehouse receipt financing to farmers and traders.

For further information please contact:

Email ID: mumbai.use@gmail.com