To Reach and Connect with Far-End Farmers , NCML Launched mktyard.com

National Collateral Management Services ltd (NCML), the leading warehousing player in the country, has launched its far-reaching domain knowledge to develop industry’s first portal Mktyard.com.

While launching the MktYard, a trading platform which takes care of price discovery, price risk and trade settlement, Sanjay Kaul, MD & CEO of the company said that the online portal is equipped with state of the art IT solutions that would help commodity market participants to buy or sell commodities without hassle and create a tradable liquid Warehouse Receipt based e-marketplace in India.

He said that the platform directly connects clients and their stocks in warehouses and collateral management locations through the e-market link. This solution completes the full cycle of procurement via reverse-auction or e-procurement, trading of stocks via forward auctions, and transforms the market dynamics by drastically reducing the timelines, risk of such transactions.