Indian commodity exchanges to curb evening hours

India's three major commodity futures exchanges are to curb their evening trading hours following directives from the industry regulator, Forward Markets Commission (FMC).

A spokesperson for National Commodity & Derivatives Exchange (NCDEx) told FO Week that the development arose from informal talks between the three all-electronic exchanges and FMC. 

FMC deputy chairman Kewal Ram told India's Financial Express that "smaller players...