Spot exchanges, including the National Spot Exchange, may get permission for forward trading from Forward Markets Commission (FMC), The Hindu Business Line reports. The commodity markets regulator will make its decision only after introducing separate rules for such trading.
At present, futures trading in commodities are allowed on five online national commodity exchanges, including the Multi Commodity Exchange and the National Commodity & Derivatives Exchange. Apart from the National Spot Exchange, the NCDEX Spot Exchange and the Reliance Spot Exchange are the other two commodity spot trading exchanges.
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