Sebi had first allowed commodities exchanges to launch options in September last year after a budget proposal. However, owing to lack of clarity on settlement and pricing, commodity exchanges could not launch options. Photo: HTThe Securities and Exchange Board of India (Sebi) on Tuesday laid out rules for the introduction of commodity options. It said agricultural commodity options would need to be based on a commodity which has an average daily turnover of at least Rs200 crore. Sebi had first allowed commodities exchanges to launch options in September last year after a budget proposal.

Source: Mint June 13, 2017 19:06 UTC