INDIA'S Forward Markets Commission (FMC) is taking steps to streamline trading at the country's commodity exchanges and is mulling over the need and feasibility of shutting down futures trading on Saturdays. The commodity market regulator has also directed the bourses to put an Investor Protection Fund (IPF) in place and is issuing guidelines for its constitution. All fines and penalties collected by an exchange would form part of the IPF, which would be used to safeguard the interests of investors, particularly small ones... Read More