Exchange for SMEs being discussed: C B Bhave


“The SME exchange is an issue we are looking at and as and when we feel that necessary conditions are in place, we will allow that,” Sebi Chairman C B Bhave said at a function to launch interest rate futures at the National Stock Exchange on Monday.
On extension of trading hours at the NSE, Bhave said Sebi’s secondary market committee has discussed the issue.

“Our committee is looking at it and a committee with exchanges in it has been constituted to look at the practical aspects of this (extension of timing),” Bhave said. “If we find it practical, we will take it back to the secondary market advisory committee,” he said. There has been a suggestion that trading timings should be extended beyond the 1530 hours period.

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