Wednesday, October 10, 2018

SEBI allows eligible foreign entities to hedge exposure in commodity derivative market

SEBI has decided to permit foreign entities having actual exposure to Indian commodity markets to participate in the commodity derivative segment of recognized stock exchange for hedging their exposure. Such entities shall be known as ‘Eligible Foreign Entities’ (EFEs). The minimum net-worth requirement for such EFE shall be USD 500,000.

from taxmann.com News https://ift.tt/2CAfNkG
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