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Commexes asked to implement FSLRC's suggestion from next month

Last Updated: Wednesday, April 09, 2014, 16:27

The exchanges should amend the KYC document effective from May 1 for new members and December 31 for all existing members, FMC said.

Commexes turnover in first fortnight of Nov dip by 65%

Last Updated: Tuesday, November 26, 2013, 18:13

Turnover of the commodity exchanges fell by 65 percent to Rs 2.56 lakh crore in the first fortnight of November due to sharp fall in trading volumes in most commodities.

Commodity exchanges' turnover slips to Rs 41.45 lakh cr in Q1

Last Updated: Sunday, July 14, 2013, 10:32

The exchanges had made a business of Rs 41.71 lakh crore in the same period last year.

Commexes turnover up 5% till Feb this fiscal

Last Updated: Wednesday, March 20, 2013, 14:24

The turnover of commodity exchanges in the country has declined by a little over 5 percent to Rs 157.82 lakh crore till February of the current fiscal on poor bullion volumes, according to commodity markets regulator FMC.

Union Budget 2013: 0.01% transaction tax on non-agri futures trade

Last Updated: Thursday, February 28, 2013, 14:01

In a major set-back to commodity exchanges, Finance Minister Chidambarm Thursday proposed a transaction tax of 0.01 percent on non-agri futures traded on the bourses.

Commodity transaction tax will promote 'dabba' trade: Industry

Last Updated: Sunday, January 20, 2013, 18:23

Any transaction tax on commodity derivatives will shift the declining business to either illegal 'dabba' trading or overseas commodity exchanges, warned the industry representatives.

Commexes turnover down 3% till Sept 15 in FY'13

Last Updated: Monday, October 01, 2012, 11:54

These exchanges had clocked a business turnover of Rs 82.39 lakh crore in the year-ago period.

Commexes turnover up 20% in Jan-Mar, led by bullion: FMC

Last Updated: Thursday, August 23, 2012, 14:29

The total value of trade in the commodity futures market rose 20 percent to Rs 44.03 lakh crore in the first three months this year, led by gold and silver, market regulator FMC has said.

Commodity exchanges' turnover up 7% in Apr-July

Last Updated: Sunday, August 12, 2012, 11:55

Total turnover of commodity exchanges rose by 7 percent to Rs 56.64 lakh crore in April- July this year buoyed by trade in energy and farm commodities.

Disclose details of clients trade on websites: FMC

Last Updated: Thursday, August 09, 2012, 14:04

To ensure greater transparency, the regulator FMC has asked national bourses to make public the information about trade undertaken by brokers and individual traders on their platforms from next week.

Commexes turnover up 6.5% till Jul 15 of FY13

Last Updated: Friday, July 27, 2012, 17:41

The turnover of 21 commodity exchanges has risen by 6.5 percent to Rs 48.29 lakh crore till July 15 of the current fiscal despite a fall in trade volumes in gold and silver, according to the Forward Markets Commission (FMC).

RBI notifies changes in FDI norms

Last Updated: Thursday, June 28, 2012, 22:52

The Reserve Bank on Thursday notified changes in the FDI policy to allow FIIs to invest up to 23 percent in commodity exchanges without seeking its prior approval.