| Futures trading in India has seen a structural improvisation in the recent past. The commodity exchanges performance and the way they conduct trading indicate the development of the futures markets in general. Yet, they have not attracted significant participation.
While the futures market is expected to be instrumental in price discovery and risk management, there still debate on its utility among policy makers. The Forward Markets Commission (FMC) regulates the commodity markets; the exchanges act as demutualised self-regulatory organisations and they have adjunct clearinghouses for settlements and clearing the trade...............................................Full Article: Source
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