21.09.2016 - Derivative trading rules for commodity bourses tightened
Before launching any futures contract, its specifications and launch calendar have to be notified well in advance to the market, Sebi said. The Securities and Exchange Board of India (Sebi) tightened on Tuesday the norms for derivatives traded on commodity bourses and said the terms of a futures contract cannot be changed without taking the regulator’s approval and informing market participants in advance. Before launching any futures contract, its specifications and launch calendar have to be notified well in advance to the market, Sebi said.............................................Full Article: Source
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