Ban on futures trading of various commodities including rice, wheat extended


Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) has announced a decision to extend the ban on trading in the commodity derivatives segment of futures in various agricultural commodities till December 2023.

It may be mentioned that, earlier on 19, December 2021, SEBI ordered the suspension of trading in derivative contracts in various commodities for one year in the stock exchanges having commodity derivatives segment.

Including rice (except Basmati), wheat, gram, mustard seed and its derivatives (ingredients thereof), soybean and its derivatives (ingredients), crude palm oil and mung bean.

SEBI issued an order dated December 20, 2021 to the stock markets extending this ban for another year till December 20, 2023. Now again with the order issued today, it has been decided to extend this ban for one more year till December 2024.

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