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Nepal delegation in India to understand commodity derivatives market

Press Trust of India  |  New Delhi 

A delegation from Nepal's regulator SEBON today visited leading to understand the functioning of commodities derivatives market in

Nepal's and senior officials of Securities Board of (SEBON) are on a week-long study tour.

MCX, which has facilitated the study tour, in a statement, said the delegation visited to understand the functioning of derivatives market in an effort to set up a regulatory regime and to launch derivative markets in

"We are sure we would be able to acquire key learning about the nuances of markets, which would enable us to create the proper regulatory framework for orderly growth and development of Nepals commodity market," SEBON said.

It is an enlightening experience to learn about market development and regulation of from and to reap the synergies between Nepal and Indias commodity sector, he added.

MCX said the in the sub-continent have lot of potential for growth.

Like many countries in South Asia, Nepals is also heavily dependent on production, trade and exports of commodities, especially agri-commodities.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 15 2018. 20:10 IST