October 16, 2017 / 12:26 PM / 3 months ago

SEBI pushes for physical deliveries in commodity derivative deals

MUMBAI (Reuters) - The market regulator said on Monday settlement of commodity derivatives must be done through physical deliveries, though it would allow exceptions such as where the commodity is difficult to store or there are logistical challenges.

In cases where physical deliveries are not possible, cash settlements would be allowed, the Securities and Exchange Board of India (SEBI) said in its circular.

Reporting by Abhirup Roy; Editing by Rafael Nam

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