Indian Commodity Exchange ceases to be recognised bourse: Sebi

Indian Commodity Exchange ceases to be recognised bourse: Sebi

[ad_1] Capital markets regulator Sebi on Tuesday derecognised Indian Commodity Exchange Ltd saying the bourse does not have sufficient number of experienced staff and requisite financial capacity. Consequently, “ICEX shall cease to be a recognised stock exchange,” Sebi said in an order. ICEX (Indian Commodity Exchange) was recognised as an exchange under forward contracts through […]