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New Mechanism: Reversal trade cancel system in some stocks to go live Jul 7 - NSE

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New Mechanism

Reversal trade cancel system in some stocks to go live Jul 7 - NSE

This story was originally published at 23:05 IST on June 19, 2024  Back
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The National Stock Exchange has finalised an intraday reversal trade cancellation mechanism that will apply to market abuse practices in the nature of reversal trades. In a circular issued late on Tuesday, the NSE said the mechanism would be made applicable to stocks "which are relatively illiquid", and would go live with effect from Jul 7.

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