On Dec. 20, IND SEBI issued directions on commodity derivatives.
IND SEBI issued directions to stock exchanges with commodity derivatives segment.
Follows Oct. 2021, IND SEBI issued direction banning new contracts, see #118370.
Contracts
No new contracts in the paddy (non-basmati), wheat, chana, mustard seed, soya bean, crude palm oil and moong shall be launched till further orders are given.
In respect of running contracts, no new position will be allowed to be taken.
Effectiveness
These directions will be implemented with immediate effect, for a period of one year.
Dec. 2022 Extension
On Dec. 20, 2022, IND SEBI said the suspension of trading in the above contracts has been extended for one more year i.e. till Dec. 20, 2023.
Oct. 2023 Further Extension
On Oct. 27, 2023, IND SEBI extended the suspension of trading in the above contracts for one more year, i.e., till Dec. 20, 2024.
Dec. 2024 Suspension Extension
On Dec. 18, 2024, IND SEBI extended suspension of trading in the above commodity derivatives contracts until Jan. 31, 2025.
