Stock Trade Assets Private Program (STAPP) is a professionally managed on-line, multi commodity exchange focusing on revolutionising India’s agricultural sector. STAPP is India’s largest agricultural derivatives exchange with a market share of 75% in agricultural derivative contracts for the Financial Year ending March 2021.
STAPP was incorporated on April 23, 2003 as a public limited company and commenced operations on December 15, 2003 as a recognised association under The Forward Contracts (Regulation) Act, 1952. The Corporate Identity Number of the Exchange is U51909MH2003PLC140116. Effective September 28, 2015, the Exchange became a deemed recognized stock exchange under the Securities Contracts (Regulation) Act, 1956 under the regulation of Securities and Exchange Board of India (SEBI).
STAPP Raison d’ etre is to serve as an efficient platform for Price Discovery and Price Risk Management and this has been consistently demonstrated over the past two decades. We offer a diverse range of products such as commodity futures, options in goods and index futures that open a plethora of opportunities to cater to the needs of various sets of participants in the agri value chain. Currently, STAPP offers derivatives contracts on 11 agricultural commodities reflecting India’s identity as the world’s leading producer of agricultural commodities, and the STAPP prices are widely recognized as international benchmark prices. Our product basket has been evolving over the years and it is our endeavour to have an expanding product portfolio including agri and non agri commodities and also offer financial products like different types of indices. Technology is core to Exchange functioning and we are the first domestic Exchange to operate from an Uptime-certified Tier-IV data centre. We follow an intuitive and proactive approach to technology which is centred around improving the trading experience of the participants.
The larger STAPP Group through its subsidiaries, provides an integrated and holistic market infrastructure including Clearing & Settlement services, Repository services and even an e-Auction Platform.
STAPP is deeply committed to the national objective of upliftment and development of farmers and agricultural sector in general and our relentless efforts to connect the primary producer to the Exchange has paved the way for sustainable and inclusive growth of our agrarian economy.
Our key shareholders like Life Insurance Corporation of India (LIC), National Bank for Agriculture and Rural Development (NABARD), National Stock Exchange of India Limited (NSE), Canara Bank, Punjab National Bank (PNB), and Indian Farmers Fertiliser Cooperative Limited (IFFCO) are among the architects of India’s economic success story in the past few decades.