08.10.2008 - Indian regulator for exchange traded platform for greater transparency
From Business Standard: Market regulator, the Securities and Exchange Board of India (Sebi), today said that India needed to graduate from over-the-counter to exchange traded platform in derivatives trading to provide transparency, better execution and liquidity. "We have to move progressively to the exchange-traded platform from OTC to provide transparency, better execution and liquidity," Sebi's Executive Director, Manas S Ray said. Sebi would have a relook at the regulatory mechanism, he said. .... Full Article: Source
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