SEBI directions to NCDEX in respect of trading in Chana contracts

The Securities Exchange Board of India through circular dated 16 August, 2021 has issued the following directions to National Commodity & Derivatives Exchange Limited (NCDEX), in respect of trading in Chana contracts:

  1. No new Chana contract shall be launched till further orders.
  2. In respect of running contracts, no new position will be allowed to be taken.
  3. Only squaring up of position will be allowed.

These directions will be implemented with immediate effect.

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