Description
BSE moves 21 securities out of trade-for-trade category to normal trading groups, effective immediately.
Summary
BSE has revised the trade-to-trade segment by moving 21 securities out of the restrictive trade-for-trade category into normal trading groups (X, B, and M groups). This change allows these securities to resume normal trading with intraday positions and margin trading facilities.
Key Points
- 21 securities are eligible to move out of trade-for-trade category
- Securities will be moved to appropriate groups: X (8 scrips), B (11 scrips), and M (2 scrips)
- Change is in continuation with Exchange notice dated September 04, 2025
- Effective immediately for trading members
Regulatory Changes
- Securities moved from restrictive T (Trade-to-Trade) and XT (Extended Trade-to-Trade) categories
- Reclassification allows intraday trading, margin facilities, and derivatives exposure
- Removal of mandatory delivery-based settlement requirement
Compliance Requirements
- Trading members must note the revised groupings for affected securities
- Risk management systems should be updated to reflect new trading categories
- Position limits and margin requirements will change as per new group classifications
Important Dates
- Notice Date: September 8, 2025
- Effective Date: Immediate (from notice date)
- Reference Notice: 20250904-57 dated September 04, 2025
Impact Assessment
- Positive Impact: Improved liquidity for 21 securities as they can now be traded intraday
- Market Access: Enhanced trading flexibility with margin and derivative possibilities
- Risk Consideration: Securities previously under surveillance may see increased volatility
- Trading Volume: Expected increase in trading activity for affected securities
Impact Justification
Affects liquidity and trading flexibility for 21 securities by removing trade-to-trade restrictions