Kotak Mahindra Bank is promoting the exchange, formerly
known as the Ahmedabad Commodity Exchange. It was awarded
national level commodity exchange status on August 11.
A spokesperson for ACE would not say when the exchange would
go live, but a source close to the bourse said "within
He expected it to offer futures on bullion and agricultural
ACE will join the Multi Commodity Exchange of India, the
National Commodity and Derivatives Exchange of India, National
Multi-Commodity Exchange and Indian Commodity Exchange.