After Sebi order, NSE's commodities derivatives plans delayed by 6 months

The order comes at a time when it had planned to go aggressive in commodity segment where the Exchange had entered just six months ago

National Stock Exchange (NSE) wason Thursday barred from issuing any new derivatives contract for six months, after Sebi issued orders in the co-location case involving NSE. The bourse has also been banned from launching any new derivative products, as well as, from accessing the securities market directly or indirectly for six months. The order comes at a time when the NSE was planning to go aggressive in the commodity segment where it had entered just six months ago in October, 2018. The exchange has also been directed to disgorge profits worth over Rs 1,000 crore.  

Industry officials believe that the