National commodity derivatives exchange - SEBI Ready Reckoner - SEBI

As per regulation 2(1)(ia) of the Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2012 National commodity derivatives exchange means- a commodity derivatives exchange that is demutualized, has an electronic trading platform and is permitted to assist, regulate or control the business of buying, selling or dealing in commodity derivatives and option in securities with the prior approval of the Board . Note - The regulation has been replaced by the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 . However, the definition of National Commodity Derivatives Exchange is not included in the new regulation.