Investors to get SMS, email alerts from stock exchanges


To prevent unauthorised trading, the Securities and Exchange Board of India (Sebi) on Tuesday asked stock exchanges to send details of transactions in equity cash and derivatives segments to investors through text messages and emails by the end of every trading day. Stock exchanges would have to provide a platform to stock brokers to upload the details of their clients, Sebi said in a circular. Stock brokers will be required to upload clients’ details — name, mobile number, correspondence address and email address. They would have to ensure that mobile numbers/email addresses of their employees/sub-brokers/remisiers/authorised people are not uploaded on behalf of clients, the market regulator said
http://www.business-standard.com/india/news/investors-to-get-sms-email-alertsstock-exchanges/444663/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s