Renewal of recognition: Exchange may commence trading only after SEBI approval for a settlement or trade guarantee fund. SEBI renews recognition of Bhubaneswar Stock Exchange Limited for one year from 5 June 2008 to 4 June 2009, subject to the condition that the Exchange shall commence trading only after obtaining final SEBI approval for establishment of a Settlement Guarantee Fund or Trade Guarantee Fund. The renewal is granted under the Securities Contracts (Regulation) Act and is conditioned on SEBI's approval of the specified market infrastructure safeguard.
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Renewal of recognition: Exchange may commence trading only after SEBI approval for a settlement or trade guarantee fund.
SEBI renews recognition of Bhubaneswar Stock Exchange Limited for one year from 5 June 2008 to 4 June 2009, subject to the condition that the Exchange shall commence trading only after obtaining final SEBI approval for establishment of a Settlement Guarantee Fund or Trade Guarantee Fund. The renewal is granted under the Securities Contracts (Regulation) Act and is conditioned on SEBI's approval of the specified market infrastructure safeguard.
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