| The securities regulator of Bangladesh is planning to formulate norms in introducing commodities exchange as part of its efforts to provide a platform for producers to discover fair prices and hedge risks of their products. The platform would be mainly for agriculture produces as well as manufacturing products to be initiated with Jute, sugar and gold. Futures contracts among the traders would be set up on the platform.
Bangladesh Securities and Exchange Commission (BSEC) initiated the move following an amendment to the Securities and Exchange Ordinance 1969 in November last year, allowing establishment of a ‘commodity exchange’ in the country...............................................Full Article: Source
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