BSE, ICCL implement SEBI's interoperability framework | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / BUSINESS / BSE, ICCL implement SEBI’s interoperability framework

BSE, ICCL implement SEBI’s interoperability framework

Bombay Stock Exchange (BSE) and ICCL have gone live and implemented interoperability framework starting from June 3, 2019. This is as per the market regulator SEBI’s guidelines to put in place the required infrastructure for operationalizing interoperability.

SEBI had laid down the broad guidelines for operationalizing the interoperable framework among Clearing Corporations, which was required to be operationalized by Stock Exchanges and Clearing Corporations by June 1, 2019. BSE and ICCL had deployed the new Interoperability system on June 1, 2019. June 3, 2019 was the first trading day after implementation of Interoperability; during the day, ICCL received and cleared multiple trades from BSE and MSE.

BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).

Please share this news