Mumbai, June 11 (IANS) India’s market regulator, the Securities and Exchange Board of India (SEBI), on Thursday proposed a new mechanism to prevent the same stock from trading at significantly different prices across exchanges. The move is aimed at improving price discovery and liquidity, particularly in thinly traded shares.In a consultation paper, SEBI said that when a stock does not trade on one exchange but remains active on another, the inactive exchange should use the active exchange’s clo…
Latest Market infrastructure News & Updates
New Delhi, May 19 (IANS) India’s capital markets regulator Securities and Exchange Board of India on Tuesday proposed a major revamp of the trade-processing mechanism used for institutional stock market transactions, seeking to cut delays, lower costs and reduce dependence on a single infrastructure provider.In a consultation paper, SEBI proposed replacing the existing centralised Straight Through Processing (STP) hub model with a direct communication framework based on application programming…
New Delhi, May 18 (IANS) HDFC Asset Management Company on Monday said it experienced a cybersecurity incident after receiving a communication from an anonymous source claiming access to certain portions of its IT infrastructure, according to an exchange filing.The HDFC Bank-backed firm said the incident occurred on May 16, following which it immediately activated necessary containment and incident response protocols to mitigate potential risks.HDFC AMC said it has engaged a specialist cybersecur…
Agartala, Jan 18 (IANS) The Bharatiya Janata Party (BJP) government in the state will develop infrastructure in agricultural markets across Tripura to boost farmers’ income and strengthen their livelihoods in the state, State Agriculture and Farmers’ Welfare Minister Ratan Lal Nath said on Sunday. Nath said that to further enhance farmers’ income and make Tripura self-reliant in foodgrain production, the state government will develop infrastructure, including market buildings, in each of the 60 …