Sebi mulls derivatives reforms

Options in commodities likely soon

The Securities and Exchange Board of India, monitor for commodity derivatives, is mulling changes in the regulations on these.

Permitting of options trading in commodities will be decided very soon, say sources in the know.

And, "index-based futures and options trading, measures for polling of spot prices to get more transparent ones, used for settling futures trade, and allowing more players in commodity derivatives such as mutual funds could take more time".

Sebi's advisory committee for commodity derivatives had formed three groups to handle different aspects. It has given draft recommendations but the regulator is to respond with comments.

On options trading, Sebi's decision