FMC`s dabba trading crackdown may lose bite

Profit Commodities, IndoreGuilty of dabba trading. Debarred from trading till investigation is complete Premium Global Commodities & Derivatives, IndoreSuspended for supplying trading-technology to Profit Commodities Shripad Commodities, 
HyderabadTrading irregularities detected, under investigation Pritam Vinay Commodity House, DelhiSuspended, case under investigation Surendranagar Regional 
Exchange, GujaratUnder FMC surveillance for erratic volumes  In the three months since the ordinance was passed, FMC, by and large, controlled the commodity futures market efficiently.  Recently, the regulator found Indore-based Premium Global Commodities & Derivatives, a member of the National Commodity & Derivatives Exchange (NCDEX) and the Multi Commodity Exchange (MCX), guilty of dabba trading along with Profit Commodity, a local client.  In its preliminary investigation, FMC found that TWS/ODIN DIET (a trading software) allocated to Premium Global Commodities was operational on Profit Commodities