<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Modification in duration for Call Auction in pre-open session for Initial Public Offer (IPO) and Relisted scrips</title>
    <link>https://www.taxtmi.com/circulars?id=67546</link>
    <description>The pre-open call auction is prescribed as a one-hour session with segregated windows for order entry, matching and a buffer, and a system-driven random closure during the final part of order entry. Stock exchanges must implement enhanced surveillance with alerts based on specified cancellation and modification parameters, report alerts to the regulator by EOD, seek client explanations, and display cancelled order counts and quantities in real time. Risk management and margining requirements vary by issue size and scrip type, and exchanges must adopt systems and rule changes before the ninety-day applicability date.</description>
    <language>en-us</language>
    <pubDate>Thu, 20 Jun 2024 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 20 Jun 2024 17:40:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=757053" rel="self" type="application/rss+xml"/>
    <item>
      <title>Modification in duration for Call Auction in pre-open session for Initial Public Offer (IPO) and Relisted scrips</title>
      <link>https://www.taxtmi.com/circulars?id=67546</link>
      <description>The pre-open call auction is prescribed as a one-hour session with segregated windows for order entry, matching and a buffer, and a system-driven random closure during the final part of order entry. Stock exchanges must implement enhanced surveillance with alerts based on specified cancellation and modification parameters, report alerts to the regulator by EOD, seek client explanations, and display cancelled order counts and quantities in real time. Risk management and margining requirements vary by issue size and scrip type, and exchanges must adopt systems and rule changes before the ninety-day applicability date.</description>
      <category>Circulars</category>
      <law>SEBI</law>
      <pubDate>Thu, 20 Jun 2024 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=67546</guid>
    </item>
  </channel>
</rss>