21.01.2014 - India: FMC gives nod for continuous trading in commodity futures
Commodity market regulator FMC has given permanent approval to four bourses -- MCX, NCDEX, NMCE and ACE -- for launching trade in particular set of futures contracts, instead of giving permission on an yearly-basis. This relaxation has been given to four national bourses subject to certain conditions and also depending upon volume and level of traders' participation in a particular contract...............................................Full Article: Source
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