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Kotak Commodity services (KCS) is one of the premier commodity derivatives brokerage firms in India. It was promoted by the Kotak family, which has a history of over 75 years of commodity trading in India. KCS commenced activities in commodity derivatives in 2003, when the 2 commodity derivatives exchanges viz. Multi Commodity Exchange of India (MCX) and National Commodity and Derivatives Exchange (NCDEX) threw open their trading platforms for trading. KCS is a member of both the exchanges and is well regarded as a major player in a basket of commodities. The Company is also member of ACE Derivatives and Commodity Exchange Limited, National Spot Exchange Limited, NCDEX Spot Exchange Limited and Bombay Commodity Exchange.