Thursday, June 21, 2012

UP stock exchange now a event

UP Stock Exchange and now probably will be recorded in the pages of history. The regulator has Exchange on regional stock exchanges after notification is now recognized in grave danger.


SEBI in terms of two years the rates have to be prepared at this stage, the business can be a thousand million annually. The operation of regional stock exchanges have long been struggling.

Trading of listed companies two years off Formerly it was the rule that a company listed on the National Stock Exchange and Bombay Stock Exchange was required to provide the Regional Stock Exchange listing. Now this rule has been changed, companies directly BSE - NSE have started to list themselves.

The regional stock exchanges as their trading ended. Computerized platform required for recognition SEBI's board meeting in March to discuss the operation of regional stock exchanges.

 According to sources, Sebi guidelines Exchange - has issued instructions regarding. It says that the regional stock exchanges to maintain their accreditation to be computerized platform. To business as well as a thousand million annually. Some stock exchanges together can meet these conditions. It has been two years. Condition to meet the cost of 10-12 million The company with the platform to take about ten to twelve million. These conditions are such, that's almost impossible to cater for regional stock exchanges.

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