TaxTMI 
TaxTMI 
Norms for sharing of real time price data to third parties
X X X X Extracts X X X X
X X X X Extracts X X X X
....arties 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 performance of the virtual stock portfolio. 2. The issue of....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s 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 of entities and activities for which the real-time data is being shared wi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....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 the notice of the market participants (including investors) and disseminate the same on their website. 5. This circular ....