 "Ajay Tyagi, Sebi chief")
Capital market regulator the Securities and Exchange Board of India (Sebi) on Wednesday announced the much-awaited commodity market reform of permitting exchanges to launch options contracts.
The move would deepen the domestic commodity market and provide farmers and other participants a new hedging tool, in a more cost-effective manner. Sebi also announced a single-licence regime, allowing stockbrokers to deal in commodities and vice versa. It said within a year, it would allow a single licence for exchanges as well.
The move will help the Multi Commodity Exchange (MCX) to launch equities trading, and the National Stock Exchange (NSE) and the BSE to
