JPX and TOCOM plan to merge this year to create an all-in-one bourse that handles both stocks and commodity futures, but challenges will remain even after a final agreement is reached.
March 22, 2019The entry of funds into commodity derivatives is expected hasten the development of and attract long-term liquidity to India’s commodities markets.
March 5, 2019At its latest board meeting, SEBI approved a plan to allow mutual funds to create segregated portfolios for assets experiencing credit events, among a number of other proposals.
December 13, 2018NSE is the second stock exchange in India to offer commodity trading; licensing agreement will see the exchange use LSE prices for settling various commodity futures contracts.
October 15, 2018Trading limits will be based on foreign investors' actual exposure to India’s commodity markets, which needs to be verified and monitored by brokers and exchanges.
October 10, 2018Foreign investors with direct exposure to commodities can trade commodity derivatives in India. BSE and NSE to start offering commodity derivatives from 1 October.
September 20, 2018First commodity derivatives clearing house in India, MCX Clearing Corporation, begins operations from 3 September 2018.garima
September 3, 2018Clients can now trade commodity futures and options on the MCX; trading on NCDEX to be supported by end-September.
August 30, 2018Minimum capital requirement for settlement guarantee fund has been fixed at INR100mn, as opposed to being determined through daily stress tests.
July 12, 2018New minimum capital for futures and securities participants proposed at A$1m and A$0.5m, respectively; futures and securities capital rulebooks to be consolidated.
July 8, 2018