NCDEX Tips to launch guar seed options trading on Jan 14

The National Commodity and Derivatives Exchange (NCDEX) plans to launch guar seed options on January 14.


The trading will be officially launched by the Finance Minister in New Delhi.

To start with, options contracts expiring in February, March and April will be available for trading.

On the launch day, options contracts will be available for trading between 10 am and 11.30 am and on other days it will be traded as per the futures contract trade timings. Last September, market regulator SEBI had allowed the exchange to launch options trading in guar seed, the largest volume generator in the agriculture-focussed commodity exchange.

The exchange logs guar seed trade volume of ₹400-600 crore daily. The domestic market for guaranteed is valued at ₹300-500 crore.

Options allow traders to hedge their risks at a fraction of the cost compared to futures contracts.

The launch of options is also expected to boost volumes in futures contracts.

Best Stock Advisory Company in Indore Click Here & Watch More...

You May Also Like

0 comments

Note: only a member of this blog may post a comment.