March 20, 2017

SEBI Is Working Out Details For Introduction Of Commodity Options, Says Chairman Ajay Tyagi

Ajay Tyagi

The Securities and Exchange Board of India (SEBI) is working out the details for introduction of commodity options trading while new institutional players such as banks will be allowed in the commodities derivatives market in a gradual manner.

SEBI Chairman Ajay Tyagi said that “Besides, the regulator is focusing on deepening of the commodities derivatives market and integration of farmers and spot markets with it”

Ajay Tyagi further said that “there is a need for greater integration as he batted for improving the liquidity.”

On the issues in introduction of options trading, Tyagi said that "Details of the contract are being worked out and then it will go to the Sebi board (for approval). Law does not require any amendment but some tweaking is needed and that will be done."

Related Post

latest News

  • New roster system for case allocation adopted, all PILs to be heard by CJI

    Owing to the issue of selection of Judges, raised in the 4 Judge Press Conference, Chief justice of India (CJI) Dipak Misra has called in a new system...

    Read More
  • SC To Go In For Digital Filing Within 200 Days

    On March 23, a bench headed by CJI J.S. Khehar and comprising Justices D Y Chandrachud and Sanjay K Kaul of the SC declared that the apex court is all...

    Read More
  • Former CJI Blames Developed Countries For Global Climate Change

    Former Chief Justice of India T S Thakur blamed developed countries including the USA for the depletion in ozone layer and held them responsible for g...

    Read More