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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (10071)12/17/1999 4:35:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Internet Trading- Almost there:SEBI clears Net Trading

Sebi clears stock trading on Net, plans Jan 1 start

A PANEL set up by the Securities and Exchange Board of India today cleared Internet trading for stocks under the existing legal framework. The panel also laid down the requirements for stockbrokers wanting to offer facilities to trade over the Internet. Sebi will try and get an approval from its board before the year-end so that Internet trading can begin by January 1, '00, Sebi chairman DR Mehta told ET. The panel was headed by Indian Institute of Technology (Bombay) professor DB Phatak.

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