Angel broking likely to surrender commodity business due to heavy loss in crude oil.

Angel Broking confirmed that it has temporarily suspended trading in crude oil but trading in equities and other commodities will continue as usual.

Angel Broking confirmed that it has temporarily suspended trading in crude oil but trading in equities and other commodities will continue as usual.Angel Broking has temporarily suspended trading in crude oil futures to protect its clients from ongoing volatility. The decision came after West Texas Intermediate (WTI) crude contracts fell below zero. The company said that its customer receivables on crude are less than Rs 13.5 crores, spread across 145 clients for the April Expiry. Except for crude oil, trading in equities and all other commodities business continues.

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