टी+0 को अनिवार्य करने का कोई कदम नहीं, एएसबीए का विस्तार किया जाएगा: सेबी

टी+0 को अनिवार्य करने का कोई कदम नहीं, एएसबीए का विस्तार किया जाएगा: सेबी

[ad_1]

MUMBAI: Sebi on Wednesday said there was no move to make T+0 settlement mandatory and chairman Madhabi Puri Buch had on Tuesday mentioned the possibility of regulator‘s board, the highest decision-making body, taking up the proposal for select stock brokers to offer Application Supported by Blocked Amount (ASBA) compulsorily to its clients in the secondary market.
On Tuesday, Buch had said that after the introduction of such a facility, it would be up to their clients to accept it or not. TOI had erroneously reported about the move to make T+0 system of settlement compulsory.
ASBA is more popular in the primary market where an IPO application amount is blocked in the applicant’s bank account and is released only if shares are allotted. Earlier this year, Sebi had launched a similar facility for trading in the secondary market. Currently, ASBA in the secondary market is voluntary for brokers to offer to their clients.
The regulator said it has been a while that the ASBA settlement system was launched for the secondary market on a voluntary basis and indicated it was about time the facility was made compulsory for select brokers.



[ad_2]

प्रातिक्रिया दे

आपका ईमेल पता प्रकाशित नहीं किया जाएगा. आवश्यक फ़ील्ड चिह्नित हैं *

hi_INHindi