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Reliance Securities has also received approvals from the NSE, BSE, MCX, and NCDEX for transferring shares owned by existing promoter Reliance Capital to Hinduja-led Aasia Enterprises
Commodity exchange NCDEX's Investor Protection Fund and Institute of Rural Management Anand (IRMA) on Monday launched a centre of excellence in Anand, Gujarat, for growth of commodity derivatives market. NCDEX and IRMA would collaborate to further develop the "commodities derivatives ecosystem, providing support in the areas of research, policy formation, policy advocacy, capacity building, thought leadership, product development, and leveraging synergies within the industrial and financial ecosystem", a statement said. The project seeks to redefine policy maker's perspectives on commodity derivatives markets, fostering a deeper understanding of price discovery for both banned and unbanned commodities, it added. IRMA will spearhead efforts to enhance the scope of commodity markets through rigorous research and analysis. NCDEX will provide technical support and data-related assistance. NCDEX MD & CEO Arun Raste said, We are entering the 'Amrit Kaal' during which we have resolved ..
Both companies sign MoU to deepen understanding of weather impact on farm and other goods
The rally has been primarily driven by a demand and supply shortage while some traders said speculation is also playing a part
Companies say farmers have lost an important and certain source of income because of the suspension
Sources said going forward, the exchange is also planning to add more new contracts
Some of the major players in the India isabgol (psyllium husk) market include Baidyanath, Dabur India, Giriraj Enterprises, and Karnataka Antibiotics
Data showed that before the ban last year, the aforementioned commodities contributed nearly 54 per cent of the total deposits in NCDEX between April 2021 and July 2021
Futures trading in commodities has been banned at the drop of a hat despite numerous past committees and panels finding no direct linkage between such trading and price rise
Suspension of their futures does not bring down price volatility either, finds study conducted on behalf of NCDEX Investor Protection Fund
According to NCDEX, the information made available at the call centre will not be limited to the derivatives trading
Crude palm oil clocked an average volume of around Rs 200 crore daily on the Multi Commodity Exchange
Markets watchdog Sebi on Friday barred commodity exchange NCDEX from launching new mustard seed contracts till further orders amid efforts to curb rising prices of mustard oil. The latest direction for the National Commodity & Derivatives Exchange Ltd (NCDEX) will come into immediate effect. In respect of running contracts, no new position will be allowed to be taken. Only squaring up of position will be allowed, Sebi said in a release. "No new mustard seed contract shall be launched till further orders," it said. Edible oil industry body Solvent Extractors Association's (SEA) Executive Director B V Mehta said Sebi has taken this decision to check further rise in prices of mustard oils. Much of the mustard seed stock has been crushed and as a result there is pressure on prices, he added. Tight supply of mustard seeds has put pressure on wholesale and retail prices of mustard oil. As per the government data, the average retail price of mustard oil (packaged) increased to Rs 183.
India's market regulator on Friday directed the local National Commodity And Derivatives Exchange not to launch a new rapeseed contract until further orders
Markets regulator Sebi on Monday directed the National Commodity and Derivatives Exchange Limited (NCDEX) not to launch new Chana contract till further orders
NCDEX will provide underwriting support for 5,000 tonnes of chana and mustard
Commodity bourse NCDEX on Monday said it will bear premium for trading up to 5,000 tonnes of chana and mustard seeds as part of its familiarisation initiative.
Available in rapeseed/mustard seed, maize and wheat, these contracts allow both, farmers and other participants in the value chain to hedge the price risk before actual sowing season begins
SEBI in January 2020 had allowed exchanges to launch 'Options in Goods' in their commodity derivatives segment
"Such revision is applicable in respect of all claims settled out of Trust, wherein settlement is done post the date of revision of such limits i.e. February 12, 2020," it said