Securities Trading using Wireless Technology

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..... January 31, 2000 shall be eligible to provide securities trading using wireless technology. All relevant requirements applicable to internet based trading shall also be applicable to securities trading using wireless technology. 2. Securities Trading using Wireless technology shall include devices such as mobile phone, laptop with data card, etc, that use Internet Protocol (IP). 3. In addition, .....

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..... rs should be available. (e) Additional provisions specifying possible risks, responsibilities and liabilities associated with securities trading using wireless technology should be incorporated in the Broker- Client agreement as an addendum or by bringing to the notice of clients, who are desirous of availing such facility, and taking their concurrence on the same. (f) As it may not be possibl .....

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..... nducted using wireless devices. (j) The broker's server routing orders to the exchange trading system shall be located in India. (k) Stock exchanges shall arrange for periodic systems audits of broker systems to ensure that requirements specified in the circulars are being met. (l) Stock exchange shall also include securities trading using wireless technology in their ongoing investor awaren .....

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