BSE Introduces New Measures To Prevent Trade Reversals In Equity Derivatives

Indian Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, BSE, has announced the introduction of a new measure designed to automatically cancel reversal trades executed on its Equity Derivatives segment with effect from today.

The new measure, called Reversal Trade Prevention Check (RTPC), is geared towards preventing potential cases of trade reversal taking place on the exchange's Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term which may have been undertaken for tax evasion purposes. It will act as a preventive measure whereby the second leg of a potential reversal trade will be automatically cancelled by the trading system at the time of order matching in an on-line real time manner.

The move follows the successful launch of a series of other pro-active measures designed at maintaining market integrity and curbing the potential misuse of exchange trading platforms. RTPC has been made applicable on a select set of contracts in the Equity Derivatives segment.

BSE, formerly known as Bombay Stock Exchange Ltd, is Asia's first and fastest stock exchange in the world. With over 5,500 companies listed on the BSE, it is ranked as the world's number one exchange in terms of listed members.