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FMC allows commodity bourses to impose differential transaction fees

Posted on 17 February 2014

Commodity markets regulator FMC has allowed national level bourses to impose differential transaction fees for delivery and non-delivery based commodities contracts. Since 2009, the exchanges have been restrained from levying differential transaction charges based on commodities or timing.
“In suppression of the earlier directions, the Commission has now decided that the exchanges can levy differential transaction charges for different commodities,” Forward Markets Commission said in a directive issued to six national level commodity bourses………………………………………..Full Article: Source


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