 "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.
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Commodity markets regulator, Forward Markets Commission (FMC), may allow late evening trading in agri commodities to increase market participation.[/caption]
“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.
Commodity exchanges have been demanding longer tradinghours in sugar and soybean as against the present 10 A.M. to 5P.M. slot.
PTI