| As per United Nations Conference on Trade and Development (UNCTAD) survey, the Ahmedabad-based National Multi-Commodity Exchange (NMCE) has jumped five places as the fourteenth largest commodity exchange in the world by `contract volumes' in 2004, up from nineteenth in 2003. In all, 10.154 million one-sided (20.309 million double-sided) contracts were traded on NMCE terminal in 2004, as against 1.592 million one-sided contracts in 2004. The exchanges, which NMCE had left behind over the last one year, included Euronext LIFE, Kansas City Board of Trade (KCBT), Winnipeg Commodity Exchange (WCE, Canada) and SAFEX/JSE of South Africa. The list of the largest global exchanges is topped by New York Mercantile Exchange (NYMEX), followed by Chicago Board of Trade (CBOT).
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