Commodity Derivatives (Futures and Options Trading): The Securities and Exchange Board on India, the country’s capital market regulator, on Monday extended restrictions on bourses providing commodity derivatives from offering contracts in 7 agricultural a commodities including wheat, chickpeas and mustard seeds.
The seven commodities are: paddy (non-basmati), wheat, chana, mustard seeds, soya bean, crude palm oil and moong.
The latest extension comes days ahead of the end of restrictions, due on March 31.
Earlier, SEBI in December 2021 directed stock exchanges with the commodity derivatives segments to suspend trading in derivative contracts in the 7 commodities, till December 20, 2022.
After that, the regulator extended the suspension till December 20, 2024, and then January 31, 2025, and then March 31, 2025.
“In continuation of the said directions, the suspension in trading in the above contracts has been further extended till March 31, 2026,” said SEBI in a communication dated march 24.
