Price dissemination via electronic channels mandated for commodity derivatives; exchanges must register subscribers and provide free daily service. SEBI requires commodity derivatives exchanges to register subscribers and disseminate daily derivatives prices free of charge via SMS or other electronic communication facilities. Exchanges may reimburse dissemination expenses from interest on the Investor Protection Fund. The circular supersedes earlier directives on SMS price dissemination and mandates amendments to bye laws, notice to brokers, website publication, and communication of implementation status to SEBI under its investor protection and market development powers.
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.
Price dissemination via electronic channels mandated for commodity derivatives; exchanges must register subscribers and provide free daily service.
SEBI requires commodity derivatives exchanges to register subscribers and disseminate daily derivatives prices free of charge via SMS or other electronic communication facilities. Exchanges may reimburse dissemination expenses from interest on the Investor Protection Fund. The circular supersedes earlier directives on SMS price dissemination and mandates amendments to bye laws, notice to brokers, website publication, and communication of implementation status to SEBI under its investor protection and market development powers.
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