SEBI seeks feedback on extending market hours
MUMBAI: Securities market regulator is seeking feedback on whether trading hours on country’s financial exchanges should be extended to better align them with international markets. “It is important to align Indian markets, as far as possible, with those of the international markets to facilitate the assimilation of any economic information that may flow in from other global markets,” Securities and Exchange Board of India (SEBI) said in a discussion paper.
In India, the equity cash market and exchange-traded derivatives market is open between 9:55 a.m. (0425 GMT) to 3:30 p.m. (10:00 GMT), shorter than trading hours for currency futures and commodity futures.
SEBI said an extension of trading hours could enable the domestic market to take advantage of movements in international markets, make markets more efficient, and attract trading interest.
The regulator said an extension of trading hours also raised issues including risk management concerns and a potential need for higher margins that needed to be considered.
SEBI has sought the feedback from market participants by April 10.
source: Economictimes
Tags: calls, daytrading, free calls, intraday, tips
Similar Posts:
Latest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis