Alex Stewart Joins Hands with NSE

Alex Stewart (International) Corporation, leading global player in precious metal inspection and analysis will now help National Stock Exchange of India Limited (NSE), India’s leading stock exchange, to develop the existing physical settlement framework in the Indian commodities derivatives market and facilitate introduction of high quality standards for delivery of bullion bars through the exchange platform. The two organizations have recently signed a memorandum of understanding to this effect.

 

Ravi Varanasi, Chief Business Development Officer, NSE said that they are excited to be associated with a globally reputed organization like Alex Stewart. Significantly, the alliance is more strategic in nature and promises to deepen the existing delivery framework to bring in more participants into the exchange eco-system. NSE will view this partnership as one of the key harbingers for the transformation it intends to bring to the development of the commodities market in India, he said. 

 

Graham Stewart, Chief Executive, Alex Stewart International, on his parts, said that the Alex Stewart International Group of Companies is delighted and honored to have entered into an MOU with National Stock Exchange of India (NSE). It now looks forward to working closely together in future and it is determined to make this partnership a sustainable and mutually successful venture, he said.

 

Alex Stewart International and its worldwide group of companies have operations in over 40 countries and provide professional inspection and laboratory analysis to business and government sectors, the latter being the fastest growing segment over the last few years. The company maintains a dedicated, personalized attention to all of its customers and provides technical expertise for inspection, weighing, sampling, analysis, testing and operational auditing of all commodities and products.

 

It is also pertinent here to mention that Alex Stewart International’s global inspection and sampling services help support to deliver fast and accurate laboratory analysis and laboratory testing at its UKAS ISO 17025-accredited metal testing laboratory in Liverpool, the UK. It covers non-ferrous and ferrous ores and concentrates, minor metals, precious and platinum group metals, ferroalloys, recycled scrap metal, complex materials and plastics, fuels, agricultural. It also covers soft commodities, food products, maintaining a sustainable environment.