The Indian markets regulator has proposed a phased introduction of physical settlement in select agricultural commodity derivatives contracts and is also seeking to raise client-level position limits and revise penalties for related breaches, in a fresh push to improve institutional liquidity in the lightly traded agri commodities market.

US-based post-trade infrastructure provider Depository Trust & Clearing Corporation (DTCC) will use Chainlink technology within its Collateral AppChain platform.

The Indian exchange has plans to launch equity derivatives in the next 12 months, part of its ambitious plans to diversify beyond its core agricultural commodities business.