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FMC to keep a close watch on huge speculative trading on exchanges

Posted on 16 April 2012

The Forward Markets Commission (FMC) is considering plans to upgrade its integrated monitoring system in a few months. This will help the commodity market regulator to keep a close watch on possible speculative or illegal trading on commodity bourses.
“The commission, with the help of commodity exchanges, is thoroughly assessing the past records of trading and is all set to put an effective mechanism in place to curtail any speculative trading in the future,” says a top official of FMC………………………………………..Full Article: Source


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