The Board of the Securities and Exchange Board of India (SEBI), at its meeting on Wednesday, approved the participation of Foreign Portfolio Investors (FPI) in Exchange Traded Commodity Derivatives (ETCDs).The FPIs will be allowed to .
SEBI allows FPI participation in Exchange Traded Commodity Derivatives webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
As per the consultation paper, Sebi said allowing the FPIs in Exchange Traded Commodity Derivatives is likely to increase depth and liquidity in commodity derivative markets.
SEBI has said for Silver ETFs, the investment objective of funds will be to generate returns in line with the performance of physical silver in domestic prices.