Fair and transparent access to data feeds of the stock exchanges

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....dvisory Committee (TAC) of SEBI had reviewed the market data feed mechanism of the stock exchanges. 2. Based on the recommendations of SEBI's Technical Advisory Committee (TAC), it has been decided that stock exchanges shall formulate a comprehensive policy document for providing stock market related data to the market participants in a fair and transparent manner, irrespective of the type of mec....

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....d for colocation facility. 4. Further, SEBI vide circular dated March 30, 2013 had inter alia directed stock exchanges to synchronize their system clocks with the atomic clock before the start of market such that their clocks have precision of atleast one microsecond and accuracy of atleast +/- one millisecond. In this regard, the stock exchange should ensure that all clocks of the servers and ot....