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Commodities Briefing - Categorized | Commodities Exchanges, New Launches more

Sri Lanka to set up a Commodities Exchange

Posted on 29 March 2011

Sri Lanka’s Securities and Exchange Commission (SEC) on Sunday called for international expressions of interest (EOI) on Commodities Exchanges in newspaper advertisements.
The advertisement said that SEC is calling EOIs to establish and operate a fully fledged, multi-asset class Commodities Exchange. It also said that prospective parties should possess a track record of more than five years in establishing and operating such exchanges. They should also have at least US$ 100 million in shareholders funds/net assets and local parties may submit an EOI with a foreign party…………………………………….Full Article: Source

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