BSE awaits Sebi nod to start debt trading platform

Sebi approval is awaited for BSE to launch a separate debt trading segment.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney
moneycontrol.com

Home » News » Markets » Market news

May 30, 2013, 11.11 AM | Source: PTI

BSE awaits Sebi nod to start debt trading platform

Sebi approval is awaited for BSE to launch a separate debt trading segment.

Like this story, share it with millions of investors on M3

BSE awaits Sebi nod to start debt trading platform

Sebi approval is awaited for BSE to launch a separate debt trading segment.

Post Your Comments

Share Cancel

BSE is awaiting the approval of market regulator Sebi to launch a separate debt trading segment, according to a senior official.

"We have applied to the Securities and Exchange Board of India (Sebi). Once the approval is obtained, we will launch the debt segment," BSE managing director and CEO Ashishkumar  Chauhan said on Wednesday.

In this segment, banks, insurance companies, pension funds, provident funds and retail investors can become members  of the bourse and trade in this market . There will be separate order books for retail and institutional investors. Earlier this month, the National Stock Exchange had  launched a separate debt trading platform.

The concept of dedicated debt trading platform was mooted by Sebi as part of efforts to boost the country's corporate debt market. Speaking on the sidelines of an event organised by industry body Assocham, Chauhan said that BSE already has a very robust debt segment for institutions as well as retailers.

"We have more than 65 percent market share in retail debt," he added. He also noted that last year BSE platform was utilised for most of the tax-free corporate bonds issues.

Buy, Hold, Sell ? Hear it first on M3
BSE awaits Sebi nod to start debt trading platform

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login