TMI BlogSecurities Trading using Wireless TechnologyX X X X Extracts X X X X X X X X Extracts X X X X ..... SMDRP/POLICY/CIR-06/2000 dated January 31, 2000 shall be eligible to provide securities trading using wireless technology. All relevant requirements applicable to internet based trading shall also be applicable to securities trading using wireless technology. 2. Securities Trading using Wireless technology shall include devices such as mobile phone, laptop with data card, etc, that use Interne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... means of communication for placing orders should be available. (e) Additional provisions specifying possible risks, responsibilities and liabilities associated with securities trading using wireless technology should be incorporated in the Broker- Client agreement as an addendum or by bringing to the notice of clients, who are desirous of availing such facility, and taking their concurrence on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ls should be available for all transactions conducted using wireless devices. (j) The broker s server routing orders to the exchange trading system shall be located in India. (k) Stock exchanges shall arrange for periodic systems audits of broker systems to ensure that requirements specified in the circulars are being met. (l) Stock exchange shall also include securities trading using wir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Yours faithfully, S V MURALI DHAR RAO CHIEF GENERAL MANAGER 022-26449370 [email protected] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X
|