Sebi to work on algo rules with 'open mind': Chairman - News Summed Up

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Sebi to work on algo rules with 'open mind': Chairman


MUMBAI: Amid intense lobbying by brokers and other market entities on proposed curbs on super-fast algo trading, regulator Sebi today said it is moving with an " open mind" on the issue and would not be browbeaten by any "sponsored comments". "Those are all sponsored comments. We plan to have a detailed open consultation. Sebi has an open mind. These include putting limit on order trade ratio, separate queues for algo and non-algo orders and uniform data dissemination.


Source: Economic Times September 23, 2016 14:37 UTC



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