The Government measures such as prohibition on futures trading in four commodities soya oil, potato, rubber and channa in May and mark up in transaction cost seems to have not impacted trading. Turnover in 22 commodity exchanges increased 68 per cent to Rs 2.22 lakh crore in the fortnight ended June 30, against Rs 1.31 lakh recorded in the same period last year, according to data released by the market regulator Forward Markets Commission (FMC). For the first quarter ended June 30, turnover of the 22 exchanges increased 24 per cent to Rs 11.15 lakh crore. The three national commodity exchanges Multi Commodity Exchange of India Ltd (MCX), National Commodity & Derivative Exchange Ltd (NCDEX) and National Multi Commodity Exchange (NMCE) contributed Rs 2.19 lakh crore, about 99 per cent of the total turnover of the 22 exchanges.
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