Recently, domestic commodity exchange MCX also said it has received Sebi’s approval to commence trading in gold options contracts. Photo: ReutersMumbai: The Bombay Stock Exchange (BSE)-promoted India International Exchange (India INX) will launch trading in gold options from 30 August, a move which will allow investors an opportunity to hedge their risk without worrying about daily market volatility. Recently, domestic commodity exchange MCX also said it has received Sebi’s approval to commence trading in gold options contracts. In June, Sebi had allowed options trading in commodities to deepen the market but permitted each exchange to launch options on futures of only one commodity initially. While the market watchdog had agreed to permit options trading last year itself, some legal requirements were holding back the move.

Source: Mint August 12, 2017 14:03 UTC