The Reserve Bank of India (RBI) on April 29, 2024, issued the Draft Master Direction on Reserve Bank of India (Electronic Trading Platforms) Directions, 2024.
The following has been stated namely: -
• The Draft Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2024 has been issued.
• These Directions are issued to the entities operating Electronic Trading Platforms (ETPs) on which transactions in eligible instruments, as defined under these Directions, are contracted
• An entity seeking authorisation as an ETP operator to commence or carry on ETP operation shall be eligible
• Comments/feedback on the draft Directions are invited from Electronic Trading Platform operators, banks, market participants, and other interested parties by May 31, 2024.
[Press Release: 2024-2025/211]
