Norms for sharing of real time price data to third parties

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....ect: Norms for sharing of real time price data to third parties 1. It has been observed that certain online gaming platforms, apps, websites, etc. (hereafter referred to as "platforms") are providing virtual trading services or fantasy games which are based on movement of real time share prices (price data) of listed companies. Some platforms are even offering monetary incentives based on the p....

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....lfilling regulatory requirements. ii. MIIs or market intermediaries shall enter into appropriate agreement with entities with whom they intend to share real time price data. The said agreement shall provide for activities for which the real time price data would be used by the entity including the justification that it is required for orderly functioning of the securities market. The list....

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....ll be applicable from the 30th day of issuance of the circular. 4. All MIIs are advised to: i. take necessary steps and put in place necessary systems for implementation of the above. ii. make necessary amendments to the relevant bye-laws, rules and regulations, wherever required, for the implementation of the above; and. iii. bring the provisions of this circular to ....