|
Our Bureau
Mumbai , July 28
THE
National Multi-Commodity Exchange of
India Ltd (NMCE) has introduced
evening trading sessions with effect
from Monday.
Members of the
exchange will be able to trade
between 5 pm and 8 pm
during weekdays. Trading was permitted
between 10 am and 4 pm
(Monday through Friday) and between
10 am and 2 pm on
Saturdays.
While trading in all
expiring contracts would cease at
4 p.m. on the contract expiry
date, members would be permitted
to continue trading in non-expiring
contracts during the evening session.
The time period between 8 pm
and 9 pm will be reserved
for position transfers, closing
sessions, margin session and query
session, in that order.
The
new initiative is in response to
the increasing volumes on the
exchange, according to Mr Kailash
Gupta, Managing Director of NMCE.
|