NCDEX seeks Sebi nod for futures trade in nickle, aluminium

New Delhi, Jan 16 (PTI) Leading agri-commodity bourseNCDEX today clarified that it has sought permission frommarkets regulator Sebi to launch futur...

New Delhi, Jan 16 (PTI) Leading agri-commodity bourseNCDEX today clarified that it has sought permission frommarkets regulator Sebi to launch futures trading in nickel andaluminium.

On January 14, NCDEX had launched its first optionstrading in agri-commodity 'guarseed'.

The exchange's top official had told PTI that it has alsosought permission from Sebi to launch options trading innickle and aluminium.

However in a statement today, NCDEX said: "The Exchangewould like to clarify on the miscommunication regarding thisnews. The Exchange seeks a nod to launch futures contracts inboth of the above mention products and not options contracts."PTI LUXABM.

This is unedited, unformatted feed from the Press Trust of India wire.

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