Source: Agencies23 Apr 2016 10:12:12
Mumbai, April 23: Market Regulator SEBI has sought inputs from mediators trading in commodity derivatives on new products as well as widening the markets by bringing in more participants such as foreign investors.
In a meeting with commodity brokers and participants held in Mumbai on Friday, SEBI Chairman U K Sinha discussed various issues to deepen the commodities market.
The SEBI began regulating commodities markets in September 2015 following the merger of other watchdog Forward Markets Commission with it.
The brokers, who participated in the meeting, also suggested launching new products in commodity derivative trading.
Sinha informed the brokers they would be allowed to trade in commodities as well as securities from the same broking platform.
The move would help investors as the procedure for brokers is same for equities and commodity derivative trading activities.