Sebi chairman Tuhin Kanta Pandey said the regulator will engage with the government to allow banks, insurers and pension funds to invest in non-agriculture commodity derivative markets.
Sebi is considering allowing foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts.
Commodity-specific brokers will be brought under a common compliance reporting mechanism by December 2025.
Pandey highlighted the importance of commodity markets in ensuring rare metals security for India.
Sebi to Engage with Govt to Allow Banks, Pensions Funds to Invest in Non-Agri Commodity Derivatives
He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts
Sebi
Summary
Advertisement
Sebi will "engage" with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, chairman Tuhin Kanta Pandey said on Wednesday.
He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts.
"We will also engage with the government to consider banks, insurance companies and pension funds to trade in these (non-cash, non-agricultural) markets," Pandey said, while speaking at the event organised by MCX.
By December 2025 end, Sebi will include commodity-specific brokers in a common reporting mechanism for compliance reports.
Pandey also said that the commodity markets have to play an important role in ensuring rare metals security for the country.
Show comments