Trading hours for commodity derivatives extended, subject to adequate risk management and infrastructure implementation. Extension of permissible trading hours for commodity derivatives allows recognised exchanges to set longer session timings for non agricultural and agricultural commodity contracts (non agricultural with extended late evening end times linked to the US daylight savings cycle; agricultural until 21:00). The change modifies prior time limit rules, takes effect thirty days after the circular, and is subject to exchanges and clearing corporations putting in place adequate risk management, surveillance and infrastructure. Exchanges must amend bye laws, notify brokers, publish the change and report implementation.
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Trading hours for commodity derivatives extended, subject to adequate risk management and infrastructure implementation.
Extension of permissible trading hours for commodity derivatives allows recognised exchanges to set longer session timings for non agricultural and agricultural commodity contracts (non agricultural with extended late evening end times linked to the US daylight savings cycle; agricultural until 21:00). The change modifies prior time limit rules, takes effect thirty days after the circular, and is subject to exchanges and clearing corporations putting in place adequate risk management, surveillance and infrastructure. Exchanges must amend bye laws, notify brokers, publish the change and report implementation.
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