In well-established and matured agricultural commodity futures market, like U.S., the futures markets are expected to serve as a central exchange for both domestic and international information and thus function as a primary mechanism for price discovery and reduce price variability through...

This paper tests the impact of the commodity transaction tax (CTT) introduced in Indian commodity market since July 2013, particularly on market liquidity and volatility aspects. We rely on a distinctive design of the tax, which is imposed only on non agri-commodities. Here, we considered Gold...