26-December-2024
Markets and Finance
 
Sebi announces interoperability for stock exchanges from 1 April 2025
29-Nov-2024

The Securities and Exchange Board of India (Sebi) on Thursday announced the interoperability of stock exchanges to ensure business continuity in the face of a technical glitch or an outage. The interoperability for cash, derivatives, currency derivatives, and interest rate derivatives will be effective from April 1, 2025. “Upon discussion with exchanges, it has been decided that, to begin with, the NSE would act as an alternative trading venue for the BSE and vice-versa,” said Sebi. Stock exchanges have been directed to issue a standard operating procedure (SOP) regarding it in the next two months.

News Source:- https://www.business-standard.com/markets/news/sebi-announces-interoperability-for-stock-exchanges-for-business-continuity-124112801082_1.html
 
 
 

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