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Updated on July 18, 2023

The National Board of Trade (NBOT) is a national multi-commodity exchange based in Indore, India, with a focus on edible oil futures trading. NBOT aims to become a recognized national commodity exchange, alongside other prominent exchanges like MCX, NCDEX, NMCE, and ICEX. It operates as a public, non-governmental company with an authorized share capital exceeding 10 crores. Formerly known as the Soyabean Board of Trade, NBOT is actively expanding its offerings and considering the introduction of futures trading for palm oil and other commodities such as chickpeas, gram, and cotton seeds.