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Holes in regulator FMC’s order against NCDEX

Posted on 03 March 2009

From Livemint.com: The Forward Markets Commission (FMC) must be given due credit for putting up its order related to National Commodity and Derivatives Exchange Ltd’s (NCDEX) transaction charges on its website for everyone to see.

It’s a right step in terms of transparency. But the order is rather unfair on NCDEX, giving the impression that the commodity bourse has been involved in financial impropriety and that members’ funds may be at risk when deposited with the exchange….. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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