OTC trades in corporate bonds must be reported on stock-exchange trade platforms within 15 minutes, effective April 1, 2014. All OTC secondary market trades in corporate bonds must be reported on a trade reporting platform of any one stock exchange debt segment (NSE, BSE or MCX-SX) within 15 minutes of the trade; stock exchanges must implement systems, amend bye-laws, notify member brokers, and permit clearing and settlement through designated clearing corporations, effective April 1, 2014.
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Provisions expressly mentioned in the judgment/order text.
OTC trades in corporate bonds must be reported on stock-exchange trade platforms within 15 minutes, effective April 1, 2014.
All OTC secondary market trades in corporate bonds must be reported on a trade reporting platform of any one stock exchange debt segment (NSE, BSE or MCX-SX) within 15 minutes of the trade; stock exchanges must implement systems, amend bye-laws, notify member brokers, and permit clearing and settlement through designated clearing corporations, effective April 1, 2014.
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