Commodity brokers in India gets their sixth Commodity exchange to trade by launching of the Universal Commodity Exchange – UCX – on 19^th April, 2013. To support the members Microsign Technologies – iLedger has released the commodity back office accounting software suitable for processing their trades.

The major challenge faced by the new brokers who plan to trade will be the capital investments in various areas to facilitate the trade. iLedger has already been chosen by a good number brokers as their back office accounting software.

The advantage with iLedger is the cost benefit. For all commodity exchanges they can use one software accommodating their in house accounting also. Mailing contract notes and SMS can also be sent from the same software. No Servers needed, no software installation needed as every user can access the internet for all functionalities a broking house can do.

Stock market and commodity market operations are the areas where technology is implemented in every aspect.  Therefore advancements in technology are welcomed by brokers to bring in easiness in operation and cost benefits. iLedger cloud software solution excels in all respects to be dependable for commodity brokers and stock brokers.