Indian Economy, Finance And Business

Sebi upgrading surveillance for CommExes

India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading for manipulating castor seed futures. National Commodity & Derivatives Exchange (NCDEX) is also enhancing and strengthening surveillance system for commodity exchanges in the country.

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Dubai Financial Market

DFM has a new chairman

Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim.

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Dubai Stock Exchange

Abu Dhabi and Dubai set to merge bourses

In a move to revitalize the UAE financial market, the Dubai and Abu Dhabi regulatory authorities are exploring ways to merge their bourses.

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