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The right fix for commodity exchanges

Posted on 04 October 2016

The Securities and Exchange Board of India has taken up the task of sprucing up commodity trading with great zeal ever since it took charge of exchange-based commodity trading last September. The task before the regulator is, however, far from easy.
Commodity exchanges have so far existed as a closed club with relatively lax regulations that provided room for price manipulations and other unfair practices. Investors and traders have been giving these exchanges a wide berth due to thin volumes and erratic price movements on the counters……………………………………….Full Article: Source


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