SCRA goods notification updates eligible underlyings for commodity derivatives, requiring exchanges to amend rules and report implementation. Ministry of Finance notifications dated March 01, 2024 revise the list of goods under the Securities Contracts (Regulation) Act, expanding derivative-eligible underlyings by adding thirteen goods and metal alloys; SEBI updates the Master Circular references to the new notification and directs recognised exchanges and clearing corporations to amend bye-laws, disseminate the circular to members and on websites, and report implementation to SEBI.
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SCRA goods notification updates eligible underlyings for commodity derivatives, requiring exchanges to amend rules and report implementation.
Ministry of Finance notifications dated March 01, 2024 revise the list of goods under the Securities Contracts (Regulation) Act, expanding derivative-eligible underlyings by adding thirteen goods and metal alloys; SEBI updates the Master Circular references to the new notification and directs recognised exchanges and clearing corporations to amend bye-laws, disseminate the circular to members and on websites, and report implementation to SEBI.
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