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New criteria for options on commodity futures
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Sebi) on Monday revised the eligibility criteria for launching options with commodity futures as underlying.
The regulator said the average daily turnover of underlying futures contracts of the corresponding commodity during the previous 12 months should be 100 crore instead of the existing 200 crore for agricultural and agri-processed commodities.
While for other commodities it would be 1,000 crore. The new rules would be applicable for all options on futures contracts of agricultural and agri-processed commodities introduced after June 1, 2024.
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Read more on economictimes.indiatimes.com
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