FMC reverses its own order

Earlier, regulator had banned fresh position during last five days of contract expiry

Dilip Kumar Jha Mumbai
Last Updated : Sep 16 2013 | 7:33 PM IST
Reversing its own order, the Forward Markets Commission (FMC) has allowed traders to take fresh position in cardamom till expiry of the contracts.

Earlier, the regulator had banned fresh position during the last five days of the contract expiry. The change is applicable for all running and yet to be launched contracts.
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First Published: Sep 16 2013 | 7:30 PM IST

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