Quotes with Resistance & Support
Market Information

SEBI seeks feedback on extending market hours

This article was posted on Mar 19, 2009 and is filed under Market News

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: , , , ,

Similar Posts:


+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments