GUIDELINES FOR FOREIGN INVESTMENT IN COMMODITY EXCHANGES

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....modity Exchanges, like Stock Exchanges, are infrastructure companies in the commodity futures market. With a view to infuse globally acceptable best practices, modern management skills and latest technology, it has been decided to allow foreign investment in Commodity Exchanges. 2. Definitions 2.1 "Commodity Exchange" is a recognized association under the provisions of the Forward Contracts (Re....

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.... not a ready delivery contract; or (ii) a contract for differences which derives its value from prices or indices of prices of such underlying goods or activities, services, rights, interests and events, as may be notified in consultation with the Forward Markets Commission by the Central Government, but does not include securities. 3. Policy for foreign investment in Commodity Exchanges 3.1 Fo....