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<h1>SEBI Issues Guidelines for Electronic Gold Receipts: Trading Rules, Investor Protection, and Compliance for Stock Exchanges.</h1> The Securities and Exchange Board of India (SEBI) issued a circular detailing the trading features for the Electronic Gold Receipts (EGR) segment, following the framework approved in September 2021. EGRs are now classified as securities, enabling the operationalization of a Gold Exchange. The circular outlines guidelines on trade timings, transaction charges, call auctions, block and bulk deals, price bands, investor protection funds, and the requirement for Unique Client Codes (UCC). Stock exchanges must amend their regulations accordingly and ensure compliance. The circular aims to protect investor interests and promote market development, effective immediately.