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TMI BlogParticipation of Category III Alternative Investment Funds (AIFs) in the commodity derivatives marketX X X X Extracts X X X X X X X X Extracts X X X X ..... nvestment Fund (AIFs) Dear Sir / Madam, Sub: Participation of Category III Alternative Investment Funds (AIFs) in the commodity derivatives market 1. At present, institutional participants are not allowed to participate in the commodity derivatives market in India. Consequently the commodity derivatives markets in India lack the desired liquidity and depth for efficient price discovery ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... participate in the commodity derivatives market, subject to the following conditions: 2.1. Category III AIFs may participate in all commodity derivatives products that are being traded on the commodity derivatives exchanges as clients and shall be subjected to all the rules, regulations and instructions, position limit norms as may be applicable to clients, issued by SEBI and Exchanges from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oreign Exchange Management Act, 1999 from time to time. 2.6. Category III AIF shall be subject to the reporting requirements as may be specified by SEBI. 2.7. The participation of Category III AIF in the commodity derivatives market shall be subject to the compliance of the provisions of SEBI (Alternative Investment Funds) Regulations, 2012 and circulars issued thereunder. 3. The provisio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Info for Commodity Derivatives and Info for Alternative Investment Funds (AIFs) . Yours faithfully, Vikas Sukhwal Deputy General Manager Division of Market Policy Commodity Derivatives Market Regulation Department Tel No.022-26449234 Email: [email protected] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management Indi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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