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        SEBI

        Introduction of new trading segments

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        Prior approval for new trading segments required, with exchanges to provide parameters and rationale and notify members. Exchanges are required to seek prior approval for any new trading segment, submitting the segment's parameters and rationale; they must amend bye-laws and rules forthwith, notify member brokers and clearing members and publish the requirement on their websites, and report implementation in the Monthly Development Report.
                          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.

                                Prior approval for new trading segments required, with exchanges to provide parameters and rationale and notify members.

                                Exchanges are required to seek prior approval for any new trading segment, submitting the segment's parameters and rationale; they must amend bye-laws and rules forthwith, notify member brokers and clearing members and publish the requirement on their websites, and report implementation in the Monthly Development Report.


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