The changes are aimed to raise efficiency and reduce post-trade risks
The exchange is in the process of creating incentives for listed corporates that adhere to these norms, which will be voluntary
According to Limaye, Emerge is an ideal platform for companies to raise funds but not large enough to list on the main board
Last month, the NSE had approached the high court, seeking an injunction against SGX
By manipulating the system, the accused would get access ahead of other brokers by some seconds, which was enough to make a difference in trade
The regulator simply isn't ready to deal with the money laundering that may occur when a bank hands over direct market access software to a dodgy sub-account
Will enable domestic stock exchange to sell its products to US-based investors
Aims to resolve stalemate through back-channel talks; wants to expedite Gift connect: Sources
Leading exchange NSE will move 15 firms to the restricted trading category on Thursday as part of surveillance review. Trading in the 15 securities will be available in trade for trade segment at a price band of 5 per cent or lower with effect from April 12, the NSE said in a circular today. Under the trade for trade segment, no speculative trading is allowed and delivery of shares and payment of consideration amount are mandatory. Among the stocks to be moved to the restricted trading category are Aditya Birla Money, Burnpur Cement, Cantabil Retail India, Dharani Sugars & Chemicals, D-Link (India), DQ Entertainment (International), MIC Electronics, Petron Engineering Construction and Super Spinning Mills. "Members are requested to take adequate precaution while trading in the above securities, as the settlement will be done on trade-to-trade basis and no netting off will be allowed," the exchange said. "Further, it may also be noted that the transfer of security for trading and .
The National Stock Exchange (NSE) has expressed its reservations over Securities and Exchange Board of India's (Sebi's) expert panel proposal of interoperability of clearing corporations. Interoperability allows trading members to clear trades through a firm of their choice. Under the current set up, clearing corporations are owned by the exchange on which the trades are executed.In an email response, NSE said that it is supportive of all matters that are in the best interest of the Indian markets and investors. "Interoperability of clearing corporations is a material change to the existing market structure and is therefore being evaluated across multiple dimensions including risk management, technology, legal and operational matters, "said NSE spokesperson.Sebi expert panel in a recent meeting with exchanges and trading members discussed the disruptions in the functioning of a stock exchange and the respective clearing corporations. It had discussed the importance and need of single .
NSE said that stock prices would be shared with everybody including index constructors and they can construct India indices based on the data provided
The exchanges BSE and NSE - have launched trading in cross-currency futures and options (F&O) derivatives
The National Stock Exchange (NSE) plans to continue to provide data to global index providers, including MSCI, to enable overseas investors take exposure to the Indian market through their exchange traded funds (ETFs). There were concerns among market participants on whether the domestic exchanges would provide data to index providers for creation of indices based on Indian securities or indices where Indian securities had weightage of more than 25 per cent."MSCI will continue to get data as long as it is not used to trade Indian derivatives offshore," said Vikram Limaye, chief executive officer, NSE. "There have been concerns on liquidity building offshore. Some of the arrangements were not in best interest of Indian markets in long term."Limaye delivered the opening remarks at Asia Securities Industry & Financial Markets Association's (Asifma's), an industry lobby for foreign investors, conference. On February, Indian exchanges, in a joint announced, had announced that they ...
India is trying to match the Chinese exchanges expanding clout over south Asian bourses
The auction will be conducted on NSE's e-bid platform from 1530 hrs to 1730 hrs after the close of market hours
India has over 1,400 PE and VC backed companies with majority of recent exits by venture firms having been mergers and acquisitions to derive value to investors
The direction comes after the bourses and Sebi noticed that unsolicited messages are being sent to induce investment or sale of the stock of certain listed firms
Sources say the findings of the latest audit reports will help Sebi decide on the NSE's consent plea to settle the co-location matter
The auction will be conducted on NSE's e-bid platform from 1530 hrs to 1730 hrs after the close of market hours
The previous high stood at Rs 45,012.36 crore on September 29, last year