Tuesday 3 May 2016

Sebi may allow options in select commodities

The Securities and Exchange Board of India (Sebi) is in talks with leading commodity exchanges about allowing options trading in select commodities.According to sources, the Multi Commodity Exchange might be allowed to introduce options in two metals, while the National Commodity & Derivatives Exchange (NCDEX) could be permitted options in two commodities from the oil complex.
"There is a vital need in the interest of the Indian economy to deepen the commodity derivatives market to attain the basis objectives of price discovery and provision of a platform for risk mitigation. The structural characteristics of options make them significantly attractive as a tool for price risk management. The Exchange is of the opinion that options could be initially introduced in such agricultural commoditiesesperson.  Indian stock market astrology prediction
Sebi's commodity advisory committee will meet this month to consider the criteria for commodities in which options can be permitted. Once the penal firms up the criteria, exchanges would be asked to propose commodities in which options can be permitted.  Sensex Astrology 
When permitted, there would be an issue for settling futures and options prices for agri commodities at international prices when they are traded in the evening session. Globally, the Chicago Board of Trade (CBOT), which is part of the CME Group, has the most active edible complex contracts.
NCDEX can tie up with that exchange.  Share Market Astrology

The NCDEX spokesperson said: "The product design and details are being worked out. It is too premature to comment on any specific details on settlement.  Nifty Trading Tips

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