Regulator allows two intraday block-deal windows with ±3% price band, INR 25 crore minimum, delivery-only trades
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....Regulator amends the Block Deal Framework: exchanges may offer separate block-deal windows within trading hours (08:45-17:00) - a morning window 08:45-09:00 using prior close as reference, and an afternoon window 14:05-14:20 using VWAP from 13:45-14:00 (VWAP disseminated 14:00-14:05). Orders must lie within ±3% of the reference price, have a minimum size of INR 25 crore, and trades must result in delivery (no squaring off). Details of executed block deals must be publicly disclosed same day after market hours. Provisions apply to optional T+0 as well; normal trading, surveillance and settlement rules apply. Effective 60 days from issuance.....




TaxTMI
TaxTMI