<p>India used a common contract note for trading on both its main stock exchanges for the first time on Wednesday, markets regulator said, adopting a practice followed in developed markets such as the US.</p><p>"The move aims at increasing cost efficiency, reducing compliance burden for market participants and ensuring consistent trade reporting," the <a href="https://www.deccanherald.com/tags/sebi">Securities and Exchange Board of India (SEBI) </a>said on Wednesday.</p><p>Previously, investors needed separate contract notes with details such as price, quantity and charges for each transaction when trading on the BSE and National Stock Exchange (NSE). </p>
<p>India used a common contract note for trading on both its main stock exchanges for the first time on Wednesday, markets regulator said, adopting a practice followed in developed markets such as the US.</p><p>"The move aims at increasing cost efficiency, reducing compliance burden for market participants and ensuring consistent trade reporting," the <a href="https://www.deccanherald.com/tags/sebi">Securities and Exchange Board of India (SEBI) </a>said on Wednesday.</p><p>Previously, investors needed separate contract notes with details such as price, quantity and charges for each transaction when trading on the BSE and National Stock Exchange (NSE). </p>