Mumbai, September , 2018: National Stock Exchange of India Limited (NSE), India’s leading stock exchange, today received SEBI’s approval to launch Commodity Derivatives Segment.
NSE gets SEBI approval to launch Commodity Derivatives Segment
NSE will launch its Commodity Derivatives segment on October 1, 2018. NSE has plans to launch derivatives trading in non-agriculture commodities in the initial phase, followed by agriculture commodities, subject to SEBI approval. This would achieve integration of trading in commodity derivatives market with other segments of the securities market at the Exchange level.
NSE is committed to deepen the Indian commodity markets by providing convenient and cost-efficient onshore hedging mechanism for domestic as well as global participants. Investors would also be able to trade in multiple asset classes at a single trading venue resulting in resource efficiency. The nationwide trading facility with the back-bone of robust clearing mechanism, would be found beneficial by the market participants.
NSE has conducted multiple road shows and engaged with leading industry associations to create awareness among the participants. Exchange has been conducting mock trading sessions for the Commodity Derivatives segment with active participation from prospective participants.