SEBI ISSUES GUIDELINES FOR TRADING ON SME EXCHANGES

The stock markets regulator SEBI has made market making mandatory in respect of all scrips listed and traded on SME exchanges. SEBI issued a master circular on its framework for setting up both new exchanges and separate platforms of existing stock exchanges having nationwide terminals for SMEs. SEBI said that these guidelines will be applicable to all registered market makers for creating a market for all scrips listed and traded on SME exchanges.