BSE, NSE extend additional surveillance measures, trade-for-trade settlement to SME stocks

livemint.com:

Also Read: NSE plans to extend trading hours for derivatives segment in a phased manner: Report In the trade-for-trade (TFT) framework, speculative trading is not allowed and delivery of shares and payment of consideration amount is mandatory. Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! “TFT framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.

Further, It may also be noted that the shortlisting of securities under TFT is purely on account of market surveillance, and it should not be construed as an adverse action against the concerned company / entity," the circular said. The new frameworks will be made available by October 3, the circulars noted.

Also Read: 6 things that changed for the stock market overnight - Gift Nifty to looming US govt shutdown The Sebi and exchanges, in a bid to enhance market integrity and safeguard the interests of investors, have been introducing various enhanced pre-emptive surveillance measures from time to time. Earlier, the stock exchanges put in place an enhanced surveillance mechanism for companies that have a market cap of less than ₹500 crore.