21 October, 2021
The Securities and Exchange Board of India vide press release PR No.29/2021 dated October 8, 2021 has issued the following directions to National Commodity & Derivatives Exchange Limited, in respect of trading in Mustard Seed contracts:
i. No new Mustard Seed contract shall be launched till further orders.
ii.In respect of running contracts, no new position will be allowed to be taken. Only squaring up of position will be allowed.
iii.These directions will be implemented with immediate effect released a circular on relaxations relating to procedural matters –Issues and Listing.
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For further information, please contact:
Vineet Aneja, Partner, Clasis Law
vineet.aneja@clasislaw.com
