The Securities and Exchange Board of India on 20th December 2021 has issued directions to Stock Exchanges in the Commodity Derivatives Segment for immediately suspending trading in derivative contracts in following commodities:
- The Paddy (non-basmati)
- Wheat
- Chana
- Mustard seeds and its derivatives (its complex)
- Soya bean and its derivatives (its complex)
- Crude palm oil
- Moong
The derivative contracts in these commodities were already suspended, as per a SEBI’s earlier order dated 16th August and 18th October, respectively and it has been directed that no new contract shall be launched till further orders.
Further, in respect of running contracts, no new position will be allowed to be taken. Only squaring up of position will be allowed. These directions are applicable for a period of 1 year.
