Saturday, November 15, 2008

FMC TIGHTENS PERMIT PROCESS FOR TRADING IN DELICENSED COMMODITIES

Acting tough on the single commodity exchanges, the Forward Markets Commission (FMC) has
tightened the process for granting permission to restore futures trading in de-licensed commodities.
The commodity markets regulator has sought details of steps taken by commodities exchanges to
make contracts liquid, in at least two cases.

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