Suspension of their futures does not bring down price volatility either, finds study conducted on behalf of NCDEX Investor Protection Fund
List not exhaustive, must not assume those not on it are authorised for such trades
The Reserve Bank on Wednesday came out with an 'Alert List' containing the names of 34 entities, including OctaFX, Alpari, HotForex, and Olymp Trade, that are not authorised to deal in forex and operate electronic trading platforms in the country. In a statement, the Reserve Bank of India (RBI) said that resident persons can undertake forex transactions only with authorised persons and for permitted purposes, in terms of the FEMA. Resident persons undertaking forex transactions for purposes other than those permitted under the FEMA or on electronic trading platforms (ETPs) not authorised by the RBI shall render themselves liable for legal action under the FEMA The central bank said it has been receiving references seeking clarification on the authorisation status of some ETPs. "It has, therefore, been decided to place on the RBI website an 'Alert List' of entities which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to
For Ethereum, which is scheduled to go for 'The Merge' on September 6, will likely break out of the $2,000 level before the event, experts suggest
The dollar touched a three-week high on Thursday after minutes from the Federal Reserve's July meeting pointed to U.S. interest rates staying higher for longer to bring down inflation.
A sharp surge in the market from this year's lows in June is stoking equity-share sales at listed companies
Capitulation from the crowd may help signal a market bottom
The BSE Telecom index is likely to gain up to 3.50 per cent, as the index firmly holds the support around the 100-DMA, shows chart.
The case pertains to alleged irregularity in the stock options segment of BSE, leading to the creation of artificial trade volumes
One of the takeaways from data analysis is that trading activity grew 247% over previous financial year
Capital markets regulator Sebi has slapped fines totalling Rs 1.76 crore on 26 individuals for indulging in fraudulent trading activities in the shares of Gala Global Products Ltd (GGPL). The regulator has imposed penalties ranging from Rs 5 lakh to Rs 10 lakh. Securities and Exchange Board of India (Sebi) had conducted an investigation into the scrip of GGPL during the December 2017- April 2018 period. According to the watchdog, the individuals were connected to each other and had indulged in reversing their trades among themselves for the purpose of creating artificial volume. It also created a false and misleading appearance of trading in the company's shares without the intention of change of actual beneficial ownership. Further, it was revealed that the individuals (noticees) while acting in tandem acted in a manipulative manner to inflate the scrip price. The regulator also noted that some of the individuals by way of trading among themselves had contributed to the new high
Russia is India's 25th largest trading partner as of 2021-22, with total trade at $9.4 billion during the first three quarters of the current fiscal.
Stock had slipped below issue price to touch a low of Rs 227. But strong buying saw it end near day's high. Shares worth Rs 3,397 cr changed hands on NSE and another Rs 191 crore on BSE
In many commercials of trading platforms, you can see that beginners make a quick profit with minimal time expenditures at the initial stages of their path in trading, and after a couple of weeks, the
The investment industry will benefit if the Securities Transaction Tax is abolished, says Nikhil Kamath, co-founder of Zerodha, as part of his FY23 Budget expectations
Benchmarks fell in Shanghai, Bangkok, Tokyo and Seoul. Taiwan and India were higher. Many global markets are closed for holidays
Says unapproved programmes pose risk to market and can be misused for systematic manipulation
Many service providers complained that the processes for applying and obtaining the licenses are not clear in many countries
The company on Thursday posted a marginal rise in consolidated net profit