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Commodities Briefing - Categorized | Agriculture, Regulatory more

FMC might restrict number of delivery centres in agri commodities

Posted on 31 May 2013

The Forward Markets Commission (FMC), the commodity derivatives markets regulator, is planning to restrict the number of delivery centres in agri commodities to avoid some complexities in futures trading.
“Sometimes, a large number of delivery centres create problems. Hence, we want to restrict it for which the Commission is waiting for the final recommendations of the sub-committee of the advisory committee,” said Ramesh Abhishek, chairman, FMC………………………………………..Full Article: Source

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