Advertisement
Canada markets close in 1 hour 43 minutes

  • S&P/TSX

    21,854.75
    +126.20 (+0.58%)
     

  • S&P 500

    5,056.93
    +38.54 (+0.77%)
     

  • DOW

    38,182.03
    +278.74 (+0.74%)
     

  • CAD/USD

    0.7310
    +0.0029 (+0.40%)
     

  • CRUDE OIL

    79.30
    +0.30 (+0.38%)
     

  • Bitcoin CAD

    80,999.01
    +1,797.40 (+2.27%)
     

  • CMC Crypto 200

    1,275.98
    +5.24 (+0.41%)
     

  • GOLD FUTURES

    2,317.80
    +6.80 (+0.29%)
     

  • RUSSELL 2000

    2,008.36
    +28.13 (+1.42%)
     

  • 10-Yr Bond

    4.5750
    -0.0200 (-0.44%)
     

  • NASDAQ

    15,810.53
    +205.05 (+1.31%)
     

  • VOLATILITY

    14.83
    -0.56 (-3.64%)
     

  • FTSE

    8,172.15
    +50.91 (+0.63%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • CAD/EUR

    0.6815
    +0.0022 (+0.32%)
     
MARKETS LIVE BLOG:

STOCKS CLIMB AS RATE-HIKE FEARS FADE, WITH APPLE ON DECK

Bitcoin rebounds to US$59,000 following record ETFs outflow

NSE incorporates SME stocks into surveillance measures to combat manipulation

Investing.com
·1 min read

In a move designed to counter alleged manipulation and high speculation in small and medium enterprises (SME) stocks, the National Stock Exchange (NSE) announced on Monday that these stocks will be integrated into the Additional Surveillance Measure (ASM) and Trade-to-Trade (T2T) settlement framework. The decision followed observations by both the Securities and Exchange Board of India (SEBI) and stock exchanges of irregularities within the SME stock sector.

The ASM system is applied to stocks that meet certain criteria, including substantial disparities between high and low prices and fluctuations in trading volumes compared to their monthly average. Stocks falling under this system will face increased margin requirements and T2T settlement.

The T2T settlement framework allows for the purchase and sale of stocks for delivery but restricts intra-day trading. This feature will be extended to SME stocks as part of the new regulatory changes.

The Joint Surveillance Meeting of Exchanges and SEBI confirmed that the existing Trade for Trade (TFT) Framework would be adapted to SME stocks with specific modifications, as per a press release from NSE. This development emphasizes the ongoing commitment of regulatory bodies to promote transparency and fairness in stock trading, particularly within the SME segment.

ADVERTISEMENT

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Related Articles

NSE incorporates SME stocks into surveillance measures to combat manipulation

Air France-KLM says it plans to buy 50 Airbus A350 jets

Stock Market Seasonality Trends Hint at Potential October Rally