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          National commodity derivatives exchange

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          National commodity derivatives exchange definition clarifies demutualisation, electronic trading and Board approval requirement for commodity derivatives. A National Commodity Derivatives Exchange is a demutualised commodity derivatives exchange with an electronic trading platform that is permitted, with prior Board approval, to assist, regulate or control the business of buying, selling or dealing in commodity derivatives and options in securities.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                National commodity derivatives exchange definition clarifies demutualisation, electronic trading and Board approval requirement for commodity derivatives.

                                A National Commodity Derivatives Exchange is a demutualised commodity derivatives exchange with an electronic trading platform that is permitted, with prior Board approval, to assist, regulate or control the business of buying, selling or dealing in commodity derivatives and options in securities.


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