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The NSE has put off the launch of the commodity trading platform to October 12 at the request of traders.
Earlier, the exchange had plans to start the commodity trading segment from October 1, just like its competitor BSE.
The NSE has received SEBI approval for introducing derivatives contracts on Gold 1 kg, Gold Mini 100 grams and Silver 30 kg on its commodity derivatives segment.
The derivatives contracts on Gold Mini would be an exclusive offering catering to the retail segment, said the NSE in a statement on Friday.
“We have received representations from several trading and clearing members seeking more time to put in place appropriate systems at their end for effective trading in commodity derivatives,” it added.
The exchange has also received suggestions that the launch of the new segment should be done during the Navratri festival and not during the inauspicious pitru paksh period, it said.
Following this, the exchange has decided to launch its commodity trading platform on October 12.
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