25.07.2016 - Commodity futures may see some new reforms
Hopes have grown of reforms in the 13-year-old commodity futures market with Sebi likely to consider an advisory committee's recommendation for new products and participants. Until now, trading of commodity futures has willy-nilly been the preserve of retail traders and a few corporates. 1. What can one hope to see? There may be introduction of options on gold, silver, possibly crude, refined soya oil and guar seed. Also, a few more new commodity futures contracts — tea, pig iron, brass, diamond, skimmed milk powder, egg, white butter — could be notified for trading on bourses like MCX, NCDEX and NMCE...............................................Full Article: Source
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