BSE & NSE get nod for SME exchange

The BSE has to now comply with certain conditions like putting in place a trading system, a code for arbitration and sorting out investor grievances, among others, before a final approval is given.

The BSE has been working to put the systems in place for some time now and a dedicated SME exchange will be operational “definitely” in this fiscal itself, he said. The new exchange will operate on the BSE platform. NSE also in a statement said it has recieved in principle approval for SME exchange

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