NSE notified regarding the Market Parameters

May 29, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Stock Exchange (NSE) on May 29, 2024, notified regarding the Market Parameters – Price Band – Update.

It is in reference to circular NSE/CMTR/61813 dated April 29, 2024, the Exchange has notified the update for relaxing the dynamic price bands as: “A minimum of 50 trades must be executed with 10 different UCCs and 3 unique trading members on each side of the trade at or above 9.90 % or more of the base price”.

This shall be effective in Live from June 03, 2024, and shall be available for mock testing on June 01, 2024.

[Notice no. 68/2024]

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