• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Wednesday, June 4, 2025
  • Login
National Age
  • Home
  • India
    • National
    • State News
  • World
  • Education
  • Lifestyle
    • Health & Fitness
    • Fashion
    • Travel
    • Food
  • Business
  • Tech
    • App News
    • Gadgets
  • Entertainment
  • Auto
  • Sports
  • Others
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • World
  • Education
  • Lifestyle
    • Health & Fitness
    • Fashion
    • Travel
    • Food
  • Business
  • Tech
    • App News
    • Gadgets
  • Entertainment
  • Auto
  • Sports
  • Others
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
No Result
View All Result
National Age
No Result
View All Result
Home Business

FPIs start trading in the Commodity Segment in India, Ohm Dovetail facilitates First Trading Clearance

National Age by National Age
May 8, 2023
in Business
0
FPIs start trading in the Commodity Segment in India, Ohm Dovetail facilitates First Trading Clearance
Share on FacebookShare on Twitter

New Delhi: Following the permission given by the Security Exchange Board of India (SEBI) and the Multi Commodity Exchange of India (MCX), the Foreign Portfolio Investors (FPIs) have started trading in the commodity segment in India. Ohm Dovetail Private Ltd. (Ohm Dovetail), a leading clearing member, facilitated the first-ever trading in India’s MCX by a Category I FPI in this segment. This milestone achievement comes after the recent regulation that permits FPIs to invest in commodities in India.

The circular outlined the guidelines and procedures for FPIs to trade in the commodity market, ensuring a smooth and seamless experience for all investors.

“The first Category I FPI trade on the exchange took place on April 21. We are proud to report that it was cleared by Ohm Dovetail, the first clearing member in the country to clear Category I FPI trades in the commodity segment. The trade was executed without any glitches, reflecting the robustness of our trading and clearing systems,” said Mr. Vivek Singhania, Co-founder and Director, Ohm Dovetail Pvt. Ltd.

Read ThisAlso

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
Smart Geek Visas Turns Immigration Dreams into Global Success Stories

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

May 27, 2025

Since the launch, the FPI volume in the commodity market is expected to grow steadily.

“We are confident that this trend will continue, and the participation of FPIs in the commodity market will deepen liquidity and create more opportunities for investors. We appreciate the valued stakeholders and the SEBI for their support in this journey, and we look forward to witnessing huge transformation in commodity trading especially in energy and precious metal segments, going forward,” added Mr. Singhania.

The MCX circular outlined the guidelines and procedures for FPIs to register and trade in the commodity market. 

In its Circular MCX said that FPIs other than individuals, family offices, and corporates are eligible to participate in the aforementioned contracts. The allowable position limits for this category of FPIs will be the same as the applicable client-level position limits of the respective eligible cash-settled contracts, subject to all rules, and regulations issued by SEBI and the Exchange, from time to time.

SEBI also issued a relevant circular allowing FPIs to participate in Exchange Traded Commodity Derivatives (ETCDs) in India. FPIs will be subject to certain conditions, including risk management measures and position limits. “Stock Exchanges and Clearing Corporations may specify additional safeguards/conditions. This circular is issued with the approval of the competent authority and is effective immediately. Stock Exchanges are advised to make necessary amendments and communicate the status of implementation to SEBI. This circular is issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992.”

After the MCX circular, Ohm Dovetail made necessary amendments within two months to facilitate trading for their clients.

Tags: commodity marketOhm DovetailOhm Dovetail Private Ltd.Vivek Singhania
Share6Tweet4Share1SendShareSend
Previous Post

Techno International Newtown’s annual college fest, Yagvik 2023- One of the biggest fests of East India starts from today

Next Post

Life in and around Orris Market 89

National Age

National Age

Related Posts

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers
Business

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
Smart Geek Visas Turns Immigration Dreams into Global Success Stories
Business

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

May 27, 2025
More Than Toys: How Reddy Soft is Becoming India’s Favorite Gifting Brand
Business

More Than Toys: How Reddy Soft is Becoming India’s Favorite Gifting Brand

May 23, 2025
In India’s Smaller Cities, a Measured Investment Shift is Underway
Business

In India’s Smaller Cities, a Measured Investment Shift is Underway

May 22, 2025
Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth
Business

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

May 20, 2025
ClinicSpots Digital Services: Empowering Healthcare Brands with Proven Digital Growth
Business

ClinicSpots Digital Services: Empowering Healthcare Brands with Proven Digital Growth

May 20, 2025
Next Post
Life in and around Orris Market 89

Life in and around Orris Market 89

Dr Shanid Asifali – The man behind J B S Group of Companies on his mission to ease day-to-day business needs in the UAE

Dr Shanid Asifali – The man behind J B S Group of Companies on his mission to ease day-to-day business needs in the UAE

Rapper Azaad Shaikh puts Brahmapur on the Hip-Hop map with his new anthem

Rapper Azaad Shaikh puts Brahmapur on the Hip-Hop map with his new anthem

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Pro Cricket Championship Trophy (PCCT) announced the schedule of their selection trials and matches today

Pro Cricket Championship Trophy (PCCT) announced the schedule of their selection trials and matches today

May 26, 2022
Now our E-store India has become an international company

Now our E-store India has become an international company

November 1, 2022
Rotary announces: 20th Global Poster Painting Competition

Rotary announces: 20th Global Poster Painting Competition

June 8, 2022
On 27th & 28th December at Surat Marriott, Athwalines India’s premier fashion showcase Hi Life Exhibition is back

On 27th & 28th December at Surat Marriott, Athwalines India’s premier fashion showcase Hi Life Exhibition is back

December 26, 2023

Changa Video sharing app crosses 2 million on play store

0

World’s first DeepUV Air Sanitizer, launched by Indian startup Dokat Inc.

0

Japan’s tech start-ups bitgrit and Atrae rolls out professional ‘matching’ app in India offering jobs in India

0

Surat’s company invents – low-cost,high-end ventilator in support of the Aatmanirbhar Bharat Abhiyan

0
The Great Mango Festival 2025 Kicks Off with a Sweet Start!

The Great Mango Festival 2025 Kicks Off with a Sweet Start!

June 3, 2025
Yes, You Should Wear Sunscreen Every Day – Here’s Why I Do It

Yes, You Should Wear Sunscreen Every Day – Here’s Why I Do It

June 3, 2025
Nagarajan Pradeep – Winner of the 21st Century Emily Dickinson Award

Nagarajan Pradeep – Winner of the 21st Century Emily Dickinson Award

June 2, 2025
TCL Q6 Series: The Real Deal for Tech-Savvy TV Buyers This Year? (Yeah, We’re Looking Closely!)

TCL Q6 Series: The Real Deal for Tech-Savvy TV Buyers This Year? (Yeah, We’re Looking Closely!)

May 30, 2025

Recent News

The Great Mango Festival 2025 Kicks Off with a Sweet Start!

The Great Mango Festival 2025 Kicks Off with a Sweet Start!

June 3, 2025
Yes, You Should Wear Sunscreen Every Day – Here’s Why I Do It

Yes, You Should Wear Sunscreen Every Day – Here’s Why I Do It

June 3, 2025
Nagarajan Pradeep – Winner of the 21st Century Emily Dickinson Award

Nagarajan Pradeep – Winner of the 21st Century Emily Dickinson Award

June 2, 2025
TCL Q6 Series: The Real Deal for Tech-Savvy TV Buyers This Year? (Yeah, We’re Looking Closely!)

TCL Q6 Series: The Real Deal for Tech-Savvy TV Buyers This Year? (Yeah, We’re Looking Closely!)

May 30, 2025

www.nationalage.com, digital news and story platform bring you the news, articles, stories, and opinions on the latest happenings worldwide covering various sectors like nation, politics, and governance, social sector, review, foreign affairs, defence and security, latest review, lifestyle, entertainment, sports, technology, auto sectors, education, business and start-ups updates, Agriculture, Science, finance, money, food, and culture, etc.

If you have any query regarding Site, Advertisement, and any other issue, please feel free to contact at [email protected]

Follow Us

Browse by Category

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • Uncategorized
  • World
The Great Mango Festival 2025 Kicks Off with a Sweet Start!

The Great Mango Festival 2025 Kicks Off with a Sweet Start!

June 3, 2025
Yes, You Should Wear Sunscreen Every Day – Here’s Why I Do It

Yes, You Should Wear Sunscreen Every Day – Here’s Why I Do It

June 3, 2025
Nagarajan Pradeep – Winner of the 21st Century Emily Dickinson Award

Nagarajan Pradeep – Winner of the 21st Century Emily Dickinson Award

June 2, 2025
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

Copyright © 2021 National Age

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

Copyright © 2021 National Age

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In