Leading stock exchanges BSE and NSE on Thursday cut down trading hours for commodities derivative segment till 5 pm, instead of the current practice of allowing it up till midnight, in the wake of coronavirus pandemic.

Trading will begin at 9 am and close at 5 pm and the new timings will be effective from March 30 to April 14, the exchanges said.

In separate statements, commodity exchanges – MCX and ICEX – announced about the reduced trading hours.

Earlier, CPAI had requested markets regulator Sebi to cut short the timing as they are not able to keep offices open up till midnight.

Accordingly, the regulator-notified entities exempted from the nationwide closure are stock exchanges, clearing corporations, depositories, custodians, mutual funds, asset management companies, stockbrokers, trading members, clearing members, depositories participants, registrar, and share transfer agents. | To read full story, visit https://startuparound.com/read/1585220406.314719/Coronavirus:-Exchanges-cut-trading-hours-for-commodity-trading-till-5-pm?ref=audio_experience