Sebi proposes to simplify trading framework at stock exchanges, Pg15

Key Highlights:

• SEBI proposed an overhaul of the trading framework at stock exchanges on Friday.
• The move aims to simplify rules, remove duplication, and reduce compliance burden.
• The revised framework will give exchanges greater flexibility in designing schemes and offering incentives.

Detailed Insights:

• The proposals are part of SEBI’s push to facilitate ease of doing business across stock exchanges and commodity derivatives exchanges.
• The revised framework includes conducting half-yearly board reviews and offering incentives with higher caps for new exchanges or segments.
• This initiative is expected to streamline operations and encourage innovation within the stock exchange ecosystem.

Key Concepts Involved:

• SEBI: The regulatory authority for securities markets in India.
• Commodity Derivatives Exchanges: Platforms for trading contracts based on commodities.
• Compliance Burden: The administrative and regulatory requirements that businesses must adhere to.