Tuesday, March 15, 2016

SEBI forms task force to review risk management norms for commexes

Capital markets regulator SEBI has instigated a task force to review the risk management norms for national-level commodity bourses following the suspension of futures trading for castor seed on NCDEX.
  • The task force has been asked to submit the report within 3 weeks.
The recent development in castor seed contracts and reports of high volatility in other commodities such as turmeric and coriander have forced SEBI to set up a task force to see if risk management norms can be further tightened.

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