Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Mandates Enhanced Pre-Trade Risk Controls with Order-Level Checks and Dynamic Price Bands for Stock Exchanges.</h1> The Securities and Exchange Board of India (SEBI) issued a circular to all stock exchanges outlining enhanced pre-trade risk controls to prevent trading disruptions. Key measures include implementing order-level checks such as a value/quantity limit per order, cumulative limits on unexecuted orders, and dynamic price bands set at 10% of the previous closing price for certain securities. Stock exchanges are required to put brokers in risk-reduction mode when 90% of their collateral is utilized. Exchanges must implement these systems within a month, amend relevant regulations, and communicate these changes to brokers and SEBI.