Commodity markets regulator, Forward Markets Commission (FMC), is considering a ban on hedge funds and PE funds from trading on the country’s commexes, a top government official said. “Although hedge and PE funds play a major role in foreign markets, we would not like hedge and PE funds to come into our markets,” FMC’s chairman, BC Khatua, said reporters on the sidelines of a conference here on Tuesday. The government has recently allowed banks and MFs to participate in commexes. (ET)   more »