SEBI has revised the eligibility criteria for launching Options with Commodity Futures as underlying by Stock Exchanges having commodity derivative segments. It is decided that for launching Options contracts on agricultural and agri-processed commodities, the average daily turnover of underlying futures contracts of the corresponding commodity during the previous twelve months shall be INR 100 crore instead of existing INR 200 crore.
The Circular shall be applicable for all Options on Futures contracts(agricultural and agri-processed commodities introduced on or after June 1, 2024 wherein average daily turnover of underlying futures contracts during the previous twelve months is Rs.100 crore.
