All Entries in the "Securities and Exchange Board of India (SEBI)" Category
SEBI Issues Broad Guidelines on Algorithmic Trading
Broad Guidelines on Algorithmic Trading 1. It has been observed that adoption of technology for the purpose of trading in financial instruments has been on a rise over the past few years. Stock brokers as well as their clients are now making increased usage of trading algorithm (hereinafter referred to as “algo”). 2. Based on [...]
Sebi Plans Speed Limits on High Frequency Trades
Securities and Exchange Board of India’s chief UK Sinha reiterated on Friday that the regulator is considering imposing speed limits on high-frequency trading of listed Indian shares. “Earlier, it was 200 micro second speed, then 20 micro second and then 8 micro seconds, and there are still demands to reduce it even further. At some [...]
Sebi May Make MTM in Liquid Funds Compulsory In a Year
Documents released by the Securities and Exchange Board of India (Sebi) on Thursday February 23 show the mark-to-market (MTM) valuations norms for liquid mutual funds could be extended to all securities within one year. The Mutual Funds Advisory Committee had recommended implementation of MTM valuation norms in three phases, the agenda papers of the board [...]
Sebi Turns Heat on USE
After locking horns with the MCX Stock Exchange over violation of regulations regarding the shareholding pattern, the market regulator has now turned focus on the United Stock Exchange (USE), the newest one. The Securities and Exchange Board of India (Sebi) has asked USE to bring down the representation of trading members on its board, issuing [...]
SEBI Says it Found Abnormal Currency Trades on One Bourse
Market regulator Sebi has said it had found some “abnormal concentrations of some trading members” at a certain exchange operating in currency segment and the issue was taken up with the relevant bourse. While Sebi has not named the exchange, media reports have said that one particular trading member once accounted for about 80 per [...]
SEBI Allows Exchange Traded Interest Rate Futures
It has now been decided to permit the introduction of cash settled futures on 2-year and 5-year notional coupon bearing Government of India (GoI) security on currency derivatives segment of Stock. Underlying Notional coupon bearing 2-year GoI security with a notional coupon of 7% paid semi-annually and face value of 100. Trading hours The trading [...]
SEBI Grants Approval to BSE SME Exchange
Securities and Exchange Board of India (SEBI) accorded approval to the proposed SME Exchange by BSE Ltd. on September 27, 2011. Small and medium enterprises (SMEs) have always complained of difficulty in accessing both debt and equity capital. While the government has taken several measures to ease access to credit, giving them easier access to [...]
SEBI Allows Liquidity Enhancement Schemes in Equity Derivatives
In consultation with BSE, MCX-SX, NSE and USE, it has been decided to permit Stock Exchanges to introduce one or more liquidity enhancement schemes (LES) to enhance liquidity of illiquid securities in their equity derivatives segments. The Stock Exchange shall ensure that the LES, including any modification therein or its discontinuation, a. has the prior [...]
Multi Commodity Exchange of India Limited files DRHP with SEBI
Multi Commodity Exchange of India Limited (the “Company”), has filed its Draft Red Herring Prospectus (DRHP) with SEBI in connection with an Initial Public Offering (Offer) of 6,427,378 Equity Shares of Rs. 10 each through an offer for sale by Financial Technologies (India) Limited, State Bank of India, GLG Financials Fund, Alexandra Mauritius Limited, Corporation [...]
Unauthenticated News Circulated by SEBI Registered Market Intermediaries
It has been observed by SEBI that unauthenticated news related to various scrips are circulated in blogs/chat forums/e-mail etc. by employees of Broking Houses/Other Intermediaries without adequate caution as mandated in the Code of Conduct for Stock Brokers and respective Regulations of various intermediaries registered with SEBI. Further, in various instances, it has been observed [...]
