Extension of SLB trading hours allows exchanges to set schedules subject to enhanced risk management and infrastructure requirements. Recognized stock exchanges may set trading hours for the Securities Lending and Borrowing (SLB) Segment within the permitted daily window provided the exchange and its clearing corporation maintain risk management systems and operational infrastructure commensurate with those hours to facilitate physical settlement of equity derivatives, amending the prior time-window provision and issued under SEBI's regulatory powers to protect investors and develop the securities market.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Extension of SLB trading hours allows exchanges to set schedules subject to enhanced risk management and infrastructure requirements.
Recognized stock exchanges may set trading hours for the Securities Lending and Borrowing (SLB) Segment within the permitted daily window provided the exchange and its clearing corporation maintain risk management systems and operational infrastructure commensurate with those hours to facilitate physical settlement of equity derivatives, amending the prior time-window provision and issued under SEBI's regulatory powers to protect investors and develop the securities market.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
