SEBI extends trading hours for commodity derivatives segment
The market regulator on Friday allowed exchanges to extend the trading hours for the commodity derivatives segment to increase participation.
According to a Securities and Exchange Board of India (SEBI) circular,Athe commodity markets can open at 9 a.m. local time from the current time of 10 a.m.
Trading of agriculture products would go on till 9 p.m. while that of non-agri products would be till 11.55 p.m., said the circular.
"The extension of the trade timing is subject Ato the AStock AExchange Aand Aits Clearing Corporation(s) putting Ainplace adequaterisk Amanagement system, surveillance Asystemand Ainfrastructure Acommensurate Awith the increased trading hours," the circular said.
"The Aprovisions Aof Athis Acircular Ashall Acome Ainto Aeffect Afrom 30 Adays Afrom Athe date of this circular."
(With inputs from agencies.)