India's commodity derivatives market has been around since the late 19th century. But, despite this early start, trading of most commodity options and forwards in the country has been banned for at least a third of this time.
The last suspension of commodity derivatives came in the 1960s and was only lifted in 2003 by the country's commodity exchange regulator, the Forward Markets Commission (FMC). But no sooner had the market begun to see some significant volumes - largely through the efforts of
The week on Risk.net, July 7-13, 2018Receive this by email