ICEX's mock trading session for diamond futures attracts huge volumes

Sessions saw a daily average turnover of close to Rs 3,600 cr

The pre-launch mock trading session in diamond futures on Reliance ADAG-anchored Indian Commodity Exchange Ltd (ICEX) has observed average volumes of around Rs 3,600 crore, ahead of its launch in August-end.

The one-week mock trading conducted last week saw participation from 62 members and their clients from 388 terminals. These sessions of mock trading observed a daily average turnover of close to Rs 3,600 crore with the highest daily turnover standing at Rs 7,855 crore. The total number of trades reported during the mock trading sessions stood at over 2.66 million.

"Pre-launch mock trading was aimed to demonstrate the robustness