Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessSEBI issues directions on trading in mustard seed contracts

    SEBI issues directions on trading in mustard seed contracts

    SEBI issued directions to NCDEX on October 8, saying that no new Mustard Seed contract shall be launched till further orders.

    Moneycontrol News
    October 08, 2021 / 09:12 IST

    Market regulator Securities and Exchange Board of India (SEBI) has issued directions with regard to trading in mustard seed contracts.

    SEBI issued directions to National Commodity & Derivatives Exchange Limited (NCDEX) on October 8, saying that no new mustard seed contract should be launched till further orders.

    "In respect of running contracts, no new position will be allowed to be taken. Only squaring up of position will be allowed," SEBI said in a statement.

    The directions will be implemented with immediate effect.

    (This is a developing story. Please check back for updates.)

    Moneycontrol News
    first published: Oct 8, 2021 09:12 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
    CloseOutskill Genai