Strengthening Risk Mgmt At Exchanges
  • Prabha Hedge
  • Jan 30 2014

January 30: The securities market watchdog is all set to add a second line of defense at exchanges to protect investors in case of a default. Bloomberg TV India has learnt that following the NSEL crisis and Prime Broking’s default at NSE, SEBI is likely to make it compulsory for exchanges to maintain a separate default fund which would be over and above the security guarantee fund. Jayshree Pyasi shares a detailed report on the same.