Commodity market regulator Forward Markets Commission (FMC) has de-recognised regional exchange Bhatinda Om & Oil Exchange for futures trading in gur.
"Recognition to Bhatinda Om & Oil Exchange lapsed on March 31, 2010 and is, therefore, no longer an association recognised for forward trading in gur," FMC said in a statement.
The exchange was given recognition for futures trading in gur for three years starting April, 2007, it said.
Currently, there are four national and 19 regional commodity exchanges in India.