Commodity exchange derivative norms to apply to bourses entering biz: Sebi

The circular will be effective from October 1, 2018

Markets regulator Sebi Friday said all the norms issued for commodity derivatives exchanges will be applicable to the commodity derivatives segments of recognised bourses and clearing corporations.

Earlier this month leading exchanges, BSE and NSE received Sebi's approval to launch the commodity derivatives segments from October 1, starting with non-agriculture commodities like metals.

The bourses plan to launch derivatives trading in non-agriculture commodities in the initial phase, followed by agriculture commodities.
 

Last December, the Securities and Exchange Board of India (Sebi) announced that from October 2018, the country would have a unified exchange regime wherein stock exchanges would be allowed to offer