Sebi chief Ajay Tyagi on Tuesday told stock exchanges to agree to governance norms better than what they preach to listed firms. He furthermore said that exchanges should not use their oligopolistic station to fee exorbitant and unreasonable charges from investors.
The capital markets regulator chief was addressing an tournament commemorating the silver jubilee of the National Stock Change (NSE), which has become a market leader since its inception and controls two-thirds of volumes by disrupting the 144-year-former BSE help with its electronic video show-basically basically based procuring and selling terminals in 1994.
Technology has made that you just may accept as true with algo procuring and selling, T+2 days settlements and holding securities in electronic layout amongst many varied issues. And in future too, abilities can continue to transform capital markets. The Sebi chief said that the blockchain abilities had the aptitude to transform the procuring and selling, clearing & settlement process. He said: “The fund administration exchange, which has already taken the preliminary step with robo advisory products and companies, may presumably behold very varied in future with adoption of Synthetic Intelligence & Machi