Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 Chapter II RECOGNITION OF STOCK EXCHANGES AND CLEARING CORPORATIONS
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Period of recognition: stock exchanges follow rule-based terms; clearing corporations require a minimum annual recognition as specified by Board. Period of recognition for a stock exchange is determined by reference to the applicable rule framework and the timeframe specified in the Rules. ... Summary
Period of recognition: stock exchanges follow rule-based terms; clearing corporations require a minimum annual recognition as specified by Board.
Period of recognition for a stock exchange is determined by reference to the applicable rule framework and the timeframe specified in the Rules. Recognition of a clearing corporation not granted on a permanent basis is subject to a Board-specified duration and must meet a Board-specified minimum annual term.
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