Long wait before trading in commodity index derivatives takes off

Sebi will have to first finalise guidelines for common standards in preparing commodity indices, after which there will be regulations on trading

Market experts don't expect trading in commodity index derivatives to kick off soon, regardless of recent a statement made two days ago by Ajay Tyagi.  The Sebi chairman had indicated two days ago in an annual report, that the market regulator plans to launch more commodity options contracts and is working on guidelines for index products. 

Experts say that preparing indices for commodities is much more complex than equities, where most of the volumes come from index derivatives and index options. 

Sebi will have to first finalise common standards in its guidelines for the preparation of commodity indices, after which there will