SECURITIES AND EXCHANGE BOARD OF INDIA

Securities / Derivatives

India’s Brokers Push Back Against Higher Margining for Equity Derivatives

By Editors | 22/01/2019

Brokers say SEBI’s new margining norms increase the cost of trading without any real reduction in risk and will result in “unprecedented damage” to India’s equity derivatives market.

Securities / Derivatives

SEBI Issues Consultation on Commodity Index Futures

By Editors | 18/01/2019

SEBI’s proposal seeks to allow SMEs, mutual funds, insurance companies and institutional investors to trade in commodity index futures.

Market Infrastructure

India to Force Foreign Brokers to Store Data Locally

By Editors | 15/01/2019

SEBI plans to mandate that data on Indian customers be stored on local servers, or for a real-time backup to be created to enable access from within the country.

Market Infrastructure

India Introduces Cybersecurity Rules for Mutual Funds, Asset Managers

By Editors | 11/01/2019

Mutual funds and asset management companies must develop a cybersecurity policy document approved and regularly reviewed by their boards and trustees.

Securities / Derivatives

SEBI Instructs Brokers, Depository Participants to Report on AI, ML Systems

By Editors | 07/01/2019

Stock brokers and depository participants will have to report information on systems based on artificial intelligence and machine learning.

Market Infrastructure

SEBI to Upgrade Market Surveillance System and Data Warehouse

By Editors | 04/01/2019

India’s securities regulator is looking to beef up its IT infrastructure for market surveillance and trade data analysis to improve detection of market violations.

Securities / Derivatives

SEBI to Phase-In Physical Settlement of Equity Derivatives

By Editors | 02/01/2019

India’s securities regulator will introduce mandatory physical settlement of equity derivatives in a phased approach starting April 2019.

Crypto / Digital Assets

India Eyes Introduction of Sandbox Policy to Boost Capital Markets Innovation

By Editors | 24/12/2018

SEBI is examining whether legislative changes are required for the sandbox, as it seeks to enable the use of machine learning, artificial intelligence and blockchain in capital markets.

Securities / Derivatives

SEBI Amends Risk Management Framework for Equity Derivatives

By Editors | 19/12/2018

Initial margins must be collected before the next trading day (T+0), but CCPs may allow 2 days after the last margin collection before close-out of equity derivative positions.