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Modification in Staggered Delivery Period in Commodity Futures Contracts u/s SEBI Act, effective July 01, 2024.

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....SEBI issued a circular modifying the staggered delivery period in commodity futures contracts. The revision mandates a minimum staggered delivery period of three working days, effective from July 01, 2024. This change, based on CDAC deliberations and market feedback, falls under Chapter 11 of the 'Master Circular for Commodity Derivatives Segment'. Stock Exchanges and Clearing Corporations must notify their members and publish the circular on their websites. The circular, issued u/s 11(1) of the SEBI Act, aims to safeguard investor interests and regulate the securities market.....

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