Multiple commodity contracts allowed on the same commodity; exchanges must amend rules, notify members and report implementation. Exchanges are permitted to launch multiple derivative contracts on the same commodity to enhance participation; they must amend bye laws, notify members, publish the change on their websites, and communicate implementation status to the regulator. The measure is effective immediately and issued under Section 11(1) to protect investors and promote market development.
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Multiple commodity contracts allowed on the same commodity; exchanges must amend rules, notify members and report implementation.
Exchanges are permitted to launch multiple derivative contracts on the same commodity to enhance participation; they must amend bye laws, notify members, publish the change on their websites, and communicate implementation status to the regulator. The measure is effective immediately and issued under Section 11(1) to protect investors and promote market development.
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