Market regulator Securities and Exchange Board of India (Sebi) on Wednesday introduced a one-time settlement scheme for stock brokers who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform. The scheme, aimed at expediting enforcement proceedings under SEBI‘s jurisdiction, offers eligible brokers a chance to settle violations related to securities laws without prolonged litigation. … Read more
Peter McGuire, Commodity Expert, says the LME has run up a bit in the past few weeks. Actually, the market hasn’t fully absorbed the Trump threat and there’s still uncertainty about future prices. The core factors will be demand and supply, along with any potential disruptions, which the futures market will influence. McGuire is eager … Read more
Negative investor sentiment due to a rapid rise in global interest rates, a strong US dollar, and higher bond yields, gold lost its glitter throughout this year. London spot gold prices fell for the seventh consecutive month in October, shedding more than 10% since January. Rising interest rates are typically an obstacle for gold as … Read more
Metals are a key barometer of any country’s economic growth and countries have taken many measures to facilitate the growth and efficiency of metal markets. While trading volume of commodity derivatives has grown at a rapid pace in India, liquidity has remained largely limited to the near-month contracts. The low volume of the long-term contracts … Read more