New Delhi, Dec. 20 -- India's only agri derivatives exchange National Commodity and Derivatives Exchange Ltd (NCDEX) is evaluating technical proposals from reputed global vendors-including its existing vendor LSEG (London Stock Exchange Group), US-based Nasdaq, London-headquartered Aquis and India's largest software exporter Tata Consultancy Services Ltd (TCS)-for its equity and equity derivatives platform slated for launch in the next fiscal year, according to a person aware of the development.

All the shortlisted vendors whose proposals are being evaluated have a track record in providing systems to stock exchanges, the person added. TCS, for instance, provides the exchange trading platform for commodity derivatives bourse MCX.

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