Standing Committee - Computerised Trading System

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Computerised Trading System 1. This is with reference to SEBI Circular No.SMD/POLICY/Cir-2/98 dated January 14, 1998 which, inter-alia, provides for setting up a Standing Committee to investigate the problems of computerised trading system, such as, hanging / slowdown / breakdown. 2. Pursuant to the observation made with regard to compliance on the issue during the inspection of stock exc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... about the incident as well as the remedial measures taken. The Stock Exchange shall also issue a press release in this regard for greater transparency and in the interest of investors. 3. The Stock Exchanges are advised to ; 3.1. make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately. 3.2. bring the provisions of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X