SEBI issued directions to stock exchanges in Commodities Derivative Segment

Oct 27, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Securities and Exchange Board of India (SEBI) on October 27, 2023, issued directions to stock exchanges in the Commodities Derivative Segment.

The following has been stated: -

• This has a reference to the SEBI on directions dated December 19, 2021, to Stock Exchanges having Commodity Derivatives Segment in respect of suspension of trading in derivative contracts in the commodities mentioned for a period of one year namely: -

i. Paddy (non-basmati)

ii. Wheat

iii. Chana

iv. Mustard seeds and its derivatives (their complex)

v. Soya bean and its derivatives (it’s complex)

vi. Crude Palm Oil

vii. Moong

• It states that the suspension in trading in the above contracts has been extended for one more year beyond December 20, 2023, i.e. till December 20, 2024.

 

[Press Release No. 25/2023]


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