Thursday, February 26, 2015

Comex to remain open on Saturday

Comex to remain open on Saturday
The commodity market regulator Forward Markets Commission has given permission to the four national commodity exchanges to remain open on Saturday when the Budget is announced.
The three national exchanges – MCX, NCDEX and NMCE – will remain be open for trading between 10 am and 5 pm.
After considering the request from market participants and some of the national commodity exchanges requesting to allow the commodity exchanges to remain open for trading on February 28, the Commission has decided to allow all commodity exchanges to remain open for trading between 10 am and 5 pm on Saturday, said FMC in a statement on Wednesday.
Earlier, SEBI had given permission to stock exchanges to allow trading on Saturday.

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