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Sebi allows stock exchanges to launch 'option in goods' in commodities

image Mumbai: The Securities and Exchange Board of India (Sebi) said on Thursday said that stocks exchanges can launch ‘option in goods’ in their commodity derivatives segment.

This is in addition to ‘options on commodity futures’, the regulator said.

Sanjit Prasad, MD and CEO of ICEX said: "The provision shall pave the way for launching options contracts in commodities based on underlying spot market price and settlement through compulsory delivery. For the first time, Indian commod .....................ET