Transaction tax puts traders in a fix

BUDGET & COMMODITIES

The decision is significant in the wake of the commodities markets regulator, the Forward Markets Commission, receiving more powers to deal efficiently with the challenges facing the commodities futures market.  The impact

Commodities were a global asset class and trade flowed to the most efficient markets that bore the least cost of trading, said Jignesh Shah, MD and CEO of MCX. The CTT is likely to distort the benefits provided by commodity trading platforms.