Friday December 20 2013
News Source: Global Exchanges
Focus: Trading Rules
Type: General
It has been reported that, Capital Market regulator SEBI has laid out minimum deposit requirements for members in the debt segment of the stock exchanges.
In January, the market regulator had announced a separate debt segment on bourses and had amended norms to enable registration of stock broker, proprietary trading member, clearing member and self-clearing member on the platform.
The base minimum capital requirements as per the norms for stock brokers and proprietary trading members will be applicable for the debt segment as well.
This information will be updated as soon as further details become available.