Sebi clarifies on format for seeking clients’ trading preferences
时间:2024-06-26 09:32:34 阅读(143)
Capital market regulator Sebi on Tuesday clarified that new format for seeking clients’ trading preferences prescribed by it last month will not be applicable to members registered exclusively with commodity derivatives exchanges.Such members will use the format as prescribed by erstwhile Forward Markets Commission (FMC) in February 2015, the Securities and Exchange Board of India (Sebi) said in a circular.Under the format, the member must specify the names of the exchanges where the member has membership, date of consent for trading on the concerned exchange and signature of the client.
In case of allowing a client for trading on any other exchange at a later date, which is not selected now, a separate consent letter is required to be obtained by the member from the client and to be kept as an enclosure with this document.”In view of the fact that in case of commodity derivatives exchanges, overlap of traded commodities between them is low at this point of time, it is hereby clarified that …format of ‘Trading Preferences’ as specified in Sebi circular dated June 21, 2023, shall not be made applicable to members registered exclusively with commodity derivatives exchanges,” it added.
猜你喜欢
- Maruti Suzuki, NTPC, JSW Energy, L&T, Tata Steel, Indian Oil, Vodafone Idea, Adani group stocks in focus
- Israel budget plans for Gaza war to last through February, widening deficit
- Issuance of right & bonus shares by private companies – A tangled tale
- Adani Enterprises, Blue Dart Express among 108 stocks to hit 52-week high on BSE, 30 scrips at fresh lows
- Islamic State group claims responsibility for a minibus explosion in Afghan capital that killed 5
- 52-week high, 52-week low- Reliance shares among 155 BSE stocks to hit fresh highs; Hariom Pipe at new low
- Israel-Hamas War- Shipping firms avoid Red Sea as Houthi attacks increase
- iQOO is bringing the Neo 9 series to India to take on OnePlus’s 12R, Poco X6 Pro
- Maruti Suzuki rating – Buy- Robust performance in Q4FY22