Mumbai, 4 August: The troubled National Spot Exchange Limited (NSEL) today said it is committed to ensure proper settlement of all outstanding obligations, but will resume operations only after the commodity regulator Forward Markets Commission issues guidelines for the spot exchanges.
“The exchange is fully committed to ensure proper settlement of all outstanding obligations and to comply with the directions issued by the government in this regard and to settle all issues as per rules and bylaws of the exchange,” NSEL managing director  and chief executive officer  Anjani Sinha said here
“We will commence trading operations once new regulations by the FMC are in place,” Mr Anjani Sinha added.     pti