national stock exchange

The Government and the Securities and Exchange Board of India (SEBI) have put in place mechanisms to monitor and assess foreign institutional investments. These mechanisms help to promote safe, transparent and efficient markets and protect market integrity. The systems established include advanced risk management mechanisms comprising of on-line monitoring and surveillance, circuit filters, prescription of limits on positions etc. Full Article

In the long-running tussle between the National Stock Exchange (NSE) and its younger rival MCX-SX, the Competition Commission is believed to have penalised NSE for abusing its dominant market position. As a penalty, NSE has been asked to pay 5% of its average annual turnover and also "cease and desist" of unfair trade practices in the currency derivative trading, sources said. Full Article

The investigation wing of the competition watchdog CCI is believed to have recommended action against the National Stock Exchange (NSE) for abusing its dominant position in currency derivatives trade segment. "...it is concluded that NSE has abused Full Article

The Small Industrial Development Bank of India (SIDBI) has reported that SKS Microfinance Ltd. (SKS), the only Micro Finance Institution (MFI) in India to be listed on the Bombay Stock Exchange/National Stock Exchange (BSE/NSE) had gone for an initia Full Article

With a view to reach out to more customers, the National Stock Exchange (NSE) is gearing-up to launch mobile trading through nearly 800 registered brokers in early-October, an NSE official said. Full Article

Nearly four months after giving the in-principle approval for physical settlement in the derivative segment, a final decision on the matter is just round the corner. The discussions between the stock exchanges and the regulatory officials are in the final phase and a decision is expected “within a month”. Meanwhile, options in the currency derivative segment are also likely to be launched “fairly soon”. Full Article

Securities and Exchange Board of India has told the government that it favours giving companies five years to increase their public shareholding to 25 per cent. Sebi's letter to the finance ministry follows a proposal by Finance Minister Pranab Mukherjee to increase the minimum public holding in all listed companies - whether government- and privately-owned - in last year's Budget. Full Article

The country's two prime bourses Bombay Stock Exchange and National Stock Exchange will carry out a special 90-minute trading session on Saturday to help NSE test an upgrade its trading system.The special live trading session on February 6, in cash and futures segments, would open at 11 am and close at 12:30 pm, NSE and BSE said in separate circulars. Full Article