Sebi, bourses step up guard

Sebi, bourses step up guard

Market regulator Sebi and stock exchanges beefed up their surveillance mechanism amid a spike in volatility in the market following a rout in the global markets.

According to sources, they are also keeping a close tab on market manipulators who might take advantage of the volatile trends expected in the equity and the derivatives segments. Sebi and the exchanges had a discussion on the ongoing sell-off.

“As a proactive measure, regulators and exchanges have been monitoring positions across the market and calling for additional margins where required,” said Vikram Limaye, MD & CEO, National Stock Exchange.

The Business Standard, New Delhi, 07th February 2018

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