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The document discusses the evolution of commodity derivatives markets and regulation in India from pre-independence to modern times. It notes that organized exchange-based commodity derivatives trading began in India in 1875 with the establishment of the Bombay Cotton Trade Association. In pre-independent India, commodity exchanges played a prominent economic role and featured complex instruments, with no distinction between securities and commodity derivatives markets. However, crises due to defaults neces

Author

Shilpa Prasad

Language

EN