• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Mumbai, July 18

The commodity market regulator Forward Markets Commission (FMC) has suspended Chennai-based Altos Advisory Services Pvt Ltd and prohibited it from entering into any forward contracts for the sale or purchase in its own name or through another member of a recognised Commodity Exchange of any goods or class of goods, for a period of three years. Altos Advisory is a member of MCX, Mumbai and NMCE, Ahmedabad. The two exchanges have been directed to take appropriate action. The member-company was suspended for indulging in futures trading outside the exchanges in various commodities, a release from FMC said.

—Our Bureau

More Stories on : Regulatory Bodies & Rulings | Financial Services

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Pacific typhoon pestering monsoon system

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line