Government

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."

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