Sebi issues SOP for commodity exchange outages, requiring 15-min notice for disruptions and extending trading time by 30 mins under specific conditions, effective July 1.
The Securities and Exchange Board of India (Sebi) has released a standard operating procedure (SOP) for handling commodity exchange outages. Stock exchanges with commodities derivatives segments are required to inform about trading disruptions within 15 minutes of occurrence, and extend trading time by 30 minutes under specific outage conditions. The SOP will be effective from July 1.
May 27, 2024
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