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NCDEX seeks SEBI’s nod to launch options trading in nickle, aluminium

16 Jan 2018 Evaluate

National Commodity & Derivatives Exchange (NCDEX) has sought market regulator Securities and Exchange Board of India’s (SEBI) permission to launch options trading in non-farm items nickle and aluminium.

The exchange is also keen on options trading in more agri-commodities, enthused by the results of guar seed option that was launched last week. Last week, the exchange had received SEBI’s approval to launch Options on Guar Seed 10 MT Futures on the auspicious occasion of Makar Sankranti falling on Sunday, January 14, 2018.

According to NCDEX, three option contracts in guar seed that will expire in February, March and April of this year is made available for trading.