SEBI issues directions to stock exchanges in Commodity Derivatives segment
- SEBI has issued directions to Stock Exchanges having Commodity Derivatives Segment (Paras 2 to 4) in respect of trading in derivative contracts infollowing commodities:
1.1.The Paddy (non-basmati)
1.2.Wheat
1.3.Chana*
1.4.Mustard seeds and its derivatives (its complex)*
1.5.Soya bean and its derivatives (its complex)
1.6.Crude palm oil
1.7.Moong
*The derivative contracts in these commodities have already been suspended, vide SEBI press release dated August 16, 2021 and October 08, 2021, respectively. - No new contract shall be launched till further orders.
- In respect of running contracts, no new position will be allowed to be taken. Only squaring up of position will be allowed.
- These directions will be implemented with immediate effect.
- The above-mentioned directions are applicable, for a period of one year.
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