commodity exchanges

commodity exchanges News

SEBI says Anand Rathi arm, Geofin Comtrade not 'fit' to be commodity derivatives brokers

Both ARCL and Geofin Comtrade have also been directed to "cease to act, directly or indirectly" as commodity derivatives brokers, as per the two orders dated February 25.

Govt plans first corporate takeover post-Satyam

Jignesh Shah and FTIL are currently being investigated by the Mumbai Police Economic Offences Wing.


FMC removes additional 5 pct margin on gold trading

FMC removed ddditional margin due to less volatility in prices of these commodities.

FMC to cut anchor investors to size in commodity bourses

A minimum 51 per cent equity of the stock exchanges will be held by investors at large.

Combined turnover of commodity exchanges dips by 25% in H1

Commexes have done a business of Rs 65.68 lakh crore in the first six months of 2013-14.

Commexes’ turnover falls for first time in 5 yrs

For the first time in last five years,the turnover of the commodity exchanges fell by 6 per cent to Rs 170.46 lakh crore in the 2012-13


Budget 2013 proposes commodity transaction tax on non-agri futures trade to hit commodity exchanges

FM Chidambarm today proposed a transaction tax of 0.01 per cent today.

Muttemwar panel seeks CBI probe in future trade irregularities

A Parliamentary Committee on Food,Consumer Affairs and Public Distribution,headed by Congress MP from city Vilas Muttemwar,has recommended a CBI probe into alleged irregularities and malpractices in the national and regional commodity exchanges across the country.

Commexes turnover falls by 14% in 1st fortnight of April

Total turnover of commodity exchanges declined by nearly 14 per cent during the first fortnight of this month to Rs 5.13 lakh crore on account of thin trade in bullion and energy.

New norms ease foreign investment in commexes

FIPB nod no longer required for FII investment; Second hand capital goods imports