https://www.taxtmi.com/acts?id=35878 Eligibility for SME stock exchanges requires corporatisation/demutualisation, a prescribed networth threshold, nationwide screen based trading with business continuity, real time surveillance, inspection and arbitration/investor grievance mechanisms across regions, risk management parity with the cash market, registration of trading members with the exchange and regulator, and real time dissemination of trade data to information vendors. Trading may be order or quote driven with a prescribed minimum trading lot and settlement on rolling, trade for trade or call auction basis; clearing may be by a clearing corporation/house. Applicants must apply to the Market Regulation Department demonstrating compliance and submitting proposed rules and byelaws. en-us Fri, 01 Feb 2019 10:02:03 +0530 Fri, 01 Feb 2019 10:02:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35878 Eligibility for SME stock exchanges requires corporatisation/demutualisation, a prescribed networth threshold, nationwide screen based trading with business continuity, real time surveillance, inspection and arbitration/investor grievance mechanisms across regions, risk management parity with the cash market, registration of trading members with the exchange and regulator, and real time dissemination of trade data to information vendors. Trading may be order or quote driven with a prescribed minimum trading lot and settlement on rolling, trade for trade or call auction basis; clearing may be by a clearing corporation/house. Applicants must apply to the Market Regulation Department demonstrating compliance and submitting proposed rules and byelaws. Act-Rules SEBI Fri, 01 Feb 2019 10:02:03 +0530 https://www.taxtmi.com/acts?id=35878