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NCDEX to launch 'Options on Goods' contracts of 3 commodities from July 27

SEBI in January 2020 had allowed exchanges to launch 'Options in Goods' in their commodity derivatives segment

These indices would start at “zero” as base value on January 1 every year. The year will be from June to May. Representative image
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With Options in Goods, the contracts will be completed only through compulsory delivery on the day of the settlement.

Press Trust of India Mumbai
The National Commodity and Derivatives Exchange (NCDEX) on Tuesday said it will launch the 'Options in Goods' contracts on rapeseed, wheat and maize from July 27.

The contracts of the three commodities, expiring in October and November 2020, would be available for trading from July 27 onwards, the exchange said in a statement.

NCDEX has become the first exchange in the country to launch Options in Goods contracts in agri derivatives space after the permission given by the regulator Securities and Exchange Board of India (SEBI).

SEBI in January 2020 had allowed exchanges to launch 'Options in Goods' in their

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