Sri Lanka will introduce derivatives for its stock market in 18 months to help investors mitigate risks, the island nation's Securities and Exchange Commission (SEC) director general was quoted as saying, reports
Economic Times.
"The first derivative product is expected to be introduced in 18 months' time," SEC Director-General Channa de Silva said.
Though the SEC and the Colombo Stock Exchange have talked about the introduction of derivatives for years, this is the latest signal from the regulatory body that the plan would move forward.
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