Sat, Aug 30, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Fund Profile, Investment, Market Moves more

PEs unwelcome in commexes

Posted on 16 October 2008

From Financialexpress.com: Maintaining a ‘cautious’ approach prior to inviting foreign capital due to the recent turmoil in the international financial markets, India’s commodities market regulator - Forward Markets Commission (FMC) - on Wednesday said that private equities (PEs) fund and hedge funds would not be allowed to participate in the commodity exchanges in the country.

“In due course of time, we would like to invite foreign institutional investors (FII) into commodity exchanges in our terms. But we are against short-term high return seeking funds participating in the commodity trading,” BC Khatua, chairman, said …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31