Page 2 - Futures

Amazon, Future dispute: SC lets arbitration resume over FRL merger

The Supreme Court on Wednesday ordered resumption of arbitral proceedings before the SIAC tribunal over Future Retail's merger deal to the tune of Rs 24,500 crore with Reliance Retail Ltd. A bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli took note of the consent of US e-commerce major Amazon and Future group over the resumption of arbitral proceedings before the Singapore International Arbitration Centre (SIAC). The bench said the SIAC tribunal would pass an appropriate order on a plea of FRL filed under a provision of the Arbitration and Conciliation Act which provides for passing an order if the arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible. Earlier, the apex court had asked the Future Group and Amazon to jointly urge the Delhi High Court to first hear the enforcement petitions of Amazon which also relate to the preservation of assets of FRL. Amazon had moved the top

India's year-long curb on futures trade threatens food supply chain

The ban on access to futures contracts may fuel volatility in domestic markets

Dalian iron ore futures claw back on falling shipments from miners

Benchmark iron ore futures on China's Dalian Commodity Exchange recovered from four consecutive sessions of losses on Tuesday

BSE launches delivery-based futures contract in carbon steel billets

The futures contract was designed jointly with SUFI keeping in mind the industry participants needs and participation, the exchange said in a statement

NSE launches its first agricultural commodity futures contract CDSO

The contract will facilitate the soybean oils processing and allied industries in India and overseas, a perfect hedging tool for managing their price

Rising share of arbitrage funds in futures segment weighing on returns

Estimates suggest such funds account for over half of stock futures segment

Insurance to futures, China's $45 trn finance industry is set to open up

President Xi Jinping is seeking to cushion the world's No. 2 economy against the steepest slowdown since the early 1990s

Sebi finalising changes for commodity futures

Market regulator aligning margins in commodity derivatives in line with equity derivatives