The order came after the Securities and Exchange Board of India (Sebi) along with the exchanges NSE, BSE and MCX carried out a comprehensive joint inspection of Prabhudas Lilladher Pvt Ltd
While acknowledging that exchanges, brokers, and other intermediaries have significant revenue dependence on such trading volumes, the SEBI official questioned the sustainability of this trend
The surge in derivatives trading, which has also been driven by retail investors, has prompted the Sebi to limit the number of contract expiries
A sub-committee to review the penalties had submitted its suggestions to the market regulator last week, said people aware of the developments
The development comes amidst growing investor interest in the Indian assisted reproductive technology sector, buoyed by increasing awareness, expanding market size
Regulators must not only anticipate the nature of manipulative strategies but act decisively to prevent their execution
Indira IVF refiles DRHP after earlier withdrawal, as investor interest grows in India's ART sector; aims for Rs 3,500 crore IPO, joins peers like Swiggy and Meesho
In this regard, Sebi has proposed that AMCs should use spot prices published by domestic commodity exchanges to value gold and silver
The three-year term would conclude on July 30, 2028, according to a notification issued by the Securities and Exchange Board of India (Sebi) on Monday
New offerings by Jio BlackRock include Nifty midcap, next 50, smallcap, and 8-13 year G-Sec index funds
Sebi executive director says AIFs must align with global ESG norms as 40 per cent of capital comes from foreign investors expecting high disclosure standards
WeWork India Management has received approval from the Securities and Exchange Board of India to launch its initial public offering
Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable
Urges Sebi to lift certain curbs; may not resume trading soon
While acknowledging short-selling as a legitimate, regulated activity that aids market liquidity and price discovery
Though trading restrictions are expected to be lifted, Jane Street remains prohibited from using the specific trading strategies flagged by Sebi
Foreign and domestic traders should be treated equitably in tax matters
The Jane Street fallout has already taken a toll on BSE, with the shares on July 4 suffering one of their steepest declines this year - extending a slide that had already begun
Since the order, index options premium turnover on the NSE and BSE exchanges declined on a week-on-week basis in four of five sessions
The drop in NSE's unlisted shares follows a stunning surge since late October, fueled by hopes for a listing of the world's biggest equity-derivatives bourse