SAT MAY HEAR APPEAL FROM COMEXES

Long with the securities market, the quasi-judicial body might be entrusted with the duty of acting as an appellate body for the commodities market too. The combined turnover of the commodity exchanges could surpass the gross domestic product by the end of this fiscal. The daily combined turnover of the commodity exchanges taken together NCDEX, MCX, NMCE and the regional commodities exchanges is close to Rs. 19,000 crore. The figure would be comparable to the combined turnover of the exchanges in the country.