MCX to launch commodities futures in FY18 - gyranasoreso.web.fc2.com

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The final guidelines clearly have certain things which we have to do in terms of going back to Sebi with a request for an approval where we need to see which of the products within our stable of products qualify as the most suitable and thereafter look for that approval. There is also one aspect that all of us have to keep in mind is that we still need a clarification from CBDT in terms of what will be the treatment of tax for options. But with all of these things, we should assume that 45 days is roughly the timeline that we are looking at to actually trade in option.

Whether we do it in the last week of July or beginning of August, that is sort of the timelines that we are talking about.

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