The Forward Market Commission (FMC) is hoping that it will be able to face all the challenges once the Forward Market Regulation Act (FCRA) is amended. | |
| Speaking at the sidelines of "FIA Asia Derivatives Conference" on Wednesday in Mumbai, FMC chairman S Sundareshan said, "We are awaiting for the amendment of the Forward Market Regulation Act, which is expected very soon." |
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| The commodity market regulator complemented national and regional commodity exchanges for their wonderful jobs. |
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| "National commodity exchanges have done impeccable job in collecting spot prices and disseminating them while 21 regional commodities exchanges have wonderfully kept the futures trade alive," Sundareshan said. |
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| Sundareshan said the real purpose for setting up commodities futures trading platform would not be fulfilled until every farmer has access to market information. |
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