Coming soon: Late evening trading in agri commodities

Coming soon: Late evening trading in agri commodities

FP Archives December 21, 2014, 00:19:41 IST

Commodity exchanges have been demanding longer trading hours in sugar and soybean as against the present 10 A.M. to 5 P.M. slot.

Advertisement
Coming soon: Late evening trading in agri commodities

Mumbai: Commodity markets regulator, ForwardMarkets Commission (FMC), may allow late evening trading inagri commodities to increase market participation.

D

“We are discussing with exchanges and other tradeparticipants as to how we can start late-evening trading inagriculture commodities as some spot markets remain open till8 P.M.,” FMC Chairman Ramesh Abhishek said.

At present, late evening trading is allowed in metals andenergy products till 8 P.M., where prices follow globalmarkets.

Advertisement

Commodity exchanges have been demanding longer tradinghours in sugar and soybean as against the present 10 A.M. to 5P.M. slot.

PTI

Written by FP Archives

see more

Latest News

Find us on YouTube

Subscribe

Top Shows

Vantage First Sports Fast and Factual Between The Lines