After Sebi’s approval, MSE will be able to attract new debt issues and their subsequent trading. Photo: Abhijit Bhatlekar/MintMumbai: Metropolitan Exchange of India (MSE), formerly MCX-SX, said it has received approval from markets regulator Securities and Exchange Board of India (Sebi) to launch electronic book building mechanism to facilitate online bidding for private placement of debt securities. The exchange is also expected to roll out products for the equity segment during the first quarter of fiscal 2018-19. “EBP (Electronic Book Building Provider) has received approval from Sebi—this mechanism is available on our exchange platform for issuance of debt instruments by corporates. It began operating as a full-fledged bourse with launch of equity trading in February 2013.

Source: Mint February 25, 2018 11:03 UTC