RBI Issues Draft on Rupee Interest Rate (IR) Derivatives Directions 2020
The Reserve Bank have proposed to allow foreign portfolio investors (FPIs) to undertake the rupee interest rate derivatives which is subject to a ceiling of ₹5,000 crore. These directions aim to encourage high non-resident participation, to enhance the role of ..
Tags: Foreign Portfolio Investment • Foreign Portfolio Investors • Futures contract • rupee interest rate derivatives
Month: Current Affairs - September, 2020
NSE Clearing Ltd to head SEBI panel to review margins on derivatives
The Securities and Exchange Board of India (SEBI) has constituted a working group, headed by NSE Clearing Ltd., to review the current framework of margins in the futures and options segment. The group will look into the issue and submit ..
Tags: Derivative • Exchange • Finance • Financial markets • Futures contract
Multi Commodity Exchange of India platform launches India’s first options contract on copper futures
The Multi Commodity Exchange of India Ltd. (MCX) has launched the India’s first options contract on copper futures on May 21, 2018. The option contract will provide physical market participants an additional instrument to hedge their risk. Currently, June, August ..
Tags: Commodity • Commodity markets • Exercise • Finance • Financial law
MCX launches India’s first commodity options in gold
The Multi-Commodity Exchange of India Ltd (MCX) has launched India’s first commodity options in gold and gave stakeholders a new set of financial instruments to hedge their price risks. It is launched by Union Finance Minister Arun Jaitley in New ..
Tags: Business law • Contract law • Financial law • Financial markets • Financial risk
ICEX launched world’s first diamond future
The Indian Commodity Exchange (ICEX) has become the world’s first derivatives exchange to launch diamond futures contract. Initially, the contracts are launched in size of 1 carat with compulsory delivery. This will create an entirely new market for the diamond ..
Tags: Commodity Market • Derivative • Diamond • Diamond Standard • Exchange
SEBI allows Multi Commodity Exchange of India (MCX) to launch gold options
The Securities and Exchange Board of India (SEBI) , the capital and commodity market regulator, has recently allowed Multi Commodity Exchange of India Ltd (MCX) to launch India’s first gold options contract soon. It will allow investors and hedgers to ..
Tags: Brokerage firms • Commodity Market • Finance • Financial markets • Futures contract