Commodity Exchanges Current Affairs, GK & News
The Securities Exchange Board of India (SEBI) has relaxed algorithm trading norms at commodity derivatives exchanges. The market regulator has raised limit of trading using algorithm trading process up to 100 orders per second by user from the existing limit of 20 orders per second. Key Facts The decision was taken after receiving representations from ..
National Multi Commodity Exchange (NMCE), India’s first demutualised online national multi-commodities exchange will merge with Indian Commodity Exchange (ICEX). The merged entity will create India’s third biggest commodity exchange. The largest commodity exchange by volume is the Multi Commodity Exchange (MCX) followed by National Commodity and Derivatives Exchange (NCDEX). Key Facts This is the first ..
Month: Current Affairs - July, 2017
SEBI has come up with comprehensive guidelines asking the Commodity derivatives exchanges to compulsorily set up investor protection and service funds. Salient Highlights The commodity exchanges should maintain separate bank accounts for maintaining the corpus of the IPF and the ISF. ISF The Investor Service Fund (ISF) is aimed at providing minimum facilities at various investor service centres. ..
Month: Current Affairs - June, 2017