00:25
Unknown
Indian Commodity Exchange (ICEX), anchored jointly by Reliance Capital and MMTC, faces an uncertain future because its trading operations have remained suspended for more than 12 months.
A recent regulatory note said that if an exchange “is not in a position to revive its trading operations within 12 months from the date of suspension of trading, after the expiry of 12 months, a show cause notice (SCN) shall be issued by the Commission (Forward Markets Commission) to the exchange to explain why its registration should not be cancelled and why the Commission should not recommend withdrawal of its recognition to the central government.”
Real Time News & Trading Trends Keep Liking #EpicResearch
Facebook – Twitter – YouTube – Pinterest –Linkedin – Google+
For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH
Posted in: Indian Market Tips
0 comments:
Post a Comment