ABOUT US
Overview
Vision
SNX Team
- Promoters
- Board of Directors
- Management Team
Benefits of SNX
Clearing Banks
Operations
- Trading
- Risk Management
- Clearing & Settlement
- Technology
 
OVERVIEW
Safal National Exchange of India Ltd. (SNX) provides a technology based competitive market place with wide choice to farmers in Marketing their produce in a fair and transparent manner by using modern IT and improved Logistics.

It is a joint venture between Mother Dairy Fruit & Vegetable Private Limited (MDFPL) - a wholly owned subsidiary of National Dairy Development Board of India (NDDB), Multi Commodity Exchange of India Limited (MCX) and Financial Technologies India Limited (FTIL)
 
It provides a platform, where seller can sell at the best possible rate, buyers can buy at the most competitive rate and SNX would provide counter party guarantee in respect of all
SNX facilitates provision of services like Quality certification, Warehousing and Logistics and other customized value added services.
Thus SNX offers Power of Exchange technology in combination with the F & V expertise under a single banner, for the good of producers & consumers, in an electronic spot market.
Empower farmers in price discovery; Growers will have option to conclude price for their produce for sale prior to harvest.
Minimal intermediation - better quality, low transaction cost.
Narrower price spread
Trading terminals all over the country, truly National.
Payments are guaranteed.
Quality certification protocol administered by SNX.
Initially on a handful of crops, finally all F&V items with negative list.
Improvement in post harvest practices for better shelf life. Grading, Packing & Overall delivery, match with rapidly raising expectations of quality by average urbanite.
 
© Safal National Exchange of India Limited 2008. All rights reserved.