Page 5 - Stock Exchanges

Why does EU care about London Stock Exchange's acquisition of Refinitiv?

LSE is now a central node in global and, importantly, European capital markets

Exchanges see mixed earnings in June quarter despite robust trading volumes

Uptick in gold, silver prices help recovery in commodity volumes

US regulators consider rules that may trigger Chinese firms' delisting

The issue of Chinese stock listings has attracted the attention of President Donald Trump, who has ratcheted up his attacks on China over the coronavirus pandemic

Sebi comes out with guidelines on order-to-trade ratio for algo trades

The regulator has directed stock exchanges to introduce tighter rules to bring down the so-called order-to-trade ratio

Covid-19 lockdowns: California eases pandemic restrictions, NYSE reopens

While lifting the ban on services at places of worship, the California governor limited the number of people who can gather at one time to 25 percent of a building's capacity

Stock exchanges turn to Centre, state govts to fund SME share sales

The plea comes at a time when coronavirus pandemic has crippled business activity, with SMEs being the worst-hit

Coronavirus outbreak: Stock exchanges activate disaster recovery sites

The move is in line with the Securities and Exchange Board of India's (Sebi's) guidelines on business continuity plan (BCP) and disaster recovery

YES Bank fiasco: Mutual funds to approach Sebi on 3-year lock-in

Nifty, Bank Nifty funds will have to sell stock after index exclusion

Bandhan Bank gets RBI relief on opening of branches, subject to conditions

The bank has been allowed to open new branches, provided 25% of all new banking outlets opened in a financial year are in unbanked rural centres

PSU insurance firms seek Rs 12,000-cr infusion as merger put on fast track

The financial condition of the three companies has, meanwhile, deteriorated and warrants capitalisation, if the merged entity is to be listed

Withdraw draft resolution plan of management: DHFL to stock exchanges

DHFL is now under corporate insolvency resolution process as per IBC

Attractive ITC stocks fail to cheer investors due to GST concerns

Expectations of additional tax burden in GST Council meet, competitive intensity may impact volume growth and margin of its mainstay cigarette biz

GMR Infra to Dish TV: NSE identifies eight firms for surveillance action

Leading stock exchange NSE has shortlisted eight companies, including Future Enterprises and GMR Infrastructure, that have higher levels of pledged shares by promoters, for surveillance action. The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment. Jindal Steel & Power, Dish TV India, Gayatri Projects, Max India, Sadbhav Infrastructure Project and Sequent Scientific are the other six companies identified for surveillance action, according to a circular. "The applicable rate of margin in equity and equity derivatives segment shall be 35 per cent or existing margin, whichever is higher with effect from December 5 on all open positions as on December 4 and new positions created from December 5," the bourse said. It also noted that shortlisting of securities under this surveillance measure is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company. In

Bourses should refrain from using their oligopolistic position: Sebi chief

Tyagi said trust is a very important in business and underlined that while ease of doing business is important, protection of investor interest is "more important".

Designing a social stock exchange

Distilling key global learnings will be vital in ensuring that the Indian initiative is positioned for success in helping social enterprises and non-profits to raise funds

Manipal Health Enterprises plans expansion, may go for IPO in 2 years

Plans organic expansion after unsuccessful attempts to acquire Fortis, Medanta hospitals

Interoperability delays release of market data by stock exchanges

In the past few days, market participants have complained that there has been a delay of several hours in the release of data

May not be able to repay due in the near future: DHFL to stock exchanges

Banks have an exposure of Rs 40,600 crore to DHFL as on March 31

Devise framework for non-reporting margins fines: Sebi to stock exchanges

The move is intended "to rationalise and bring uniformity in the manner of imposition of fine for 'false or incorrect' reporting of margin and 'non-reporting' of margin", Sebi said in a circular

BSE, NSE list out 194 illiquid stocks, ask members to trade cautiously

With an aim to safeguard investors' interest, leading stock exchanges -- BSE and NSE -- have advised their members to take extra caution while trading in as many as 194 illiquid stocks. Illiquid stocks are the ones which cannot be sold easily because they see limited trading. These stocks pose higher risks to investors because it is difficult to find buyers for them as compared to frequently traded shares. In similar-worded circulars, both the exchanges advised their trading members "to exercise additional due diligence while trading in these securities either on own account or on behalf of their clients." BSE and NSE have listed out 186 and 8 illiquid stocks, respectively, where additional due diligence is required. Illiquid scrips listed by both the exchanges, include Bilpower, Creative Eye, Euro Multivision, GI Engineering Solutions, Jaihind Projects, Usha Martin Education & Solutions, Quintegra Solutions and Radaan Mediaworks India Ltd. These scrips will be traded in periodic