May 17, 2022<\/p>\n\n\n\n
The Managing Directors\/Chief Executive Officers
All Stock Exchanges and Clearing Corporation with Commodity Derivatives Segment<\/p>\n\n\n\n
1. In order to ensure availability of comprehensive information mentioned in the circulars pertaining to commodity derivatives market at one place, SEBI has been issuing Master Circular comprising of information mentioned in various circulars pertaining to commodity derivatives segment. The references in the circular to the Statutes\/Regulations which now stand repealed have been suitably updated. Efforts have also been made to incorporate in the circular, certain applicable provisions of existing circulars issued by other departments of SEBI, relevant to commodity derivatives markets. This circular has covered various circulars issued till March 31, 2022.<\/p>\n\n\n\n
2. The term \u201cnational commodity derivatives exchanges\u201d or \u201cregional commodity derivatives exchanges\u201d or \u201ccommodity derivatives exchanges\u201d may be read as stock exchanges; wherein stock exchanges means recognized stock exchange having commodity derivatives segment.<\/p>\n\n\n\n
3. It is hereby clarified that in case of any inconsistency between the Master Circular and the original applicable circular, the content of the original circular shall prevail.<\/p>\n\n\n\n
4. This Master Circular shall supersede previous Master Circular SEBI\/HO\/CDMRD\/DMP\/P\/CIR\/2021\/589 dated July 01, 2021.<\/p>\n\n\n\n
5. This circular is issued with the approval of the Competent Authority.<\/p>\n\n\n\n
6. This circular is available on SEBI Website at www.sebi.gov.in under the category \u201cCirculars\u201d and \u201cInfo for Commodity Derivatives.\u201d<\/p>\n\n\n\n
Yours faithfully,<\/p>\n\n\n\n