NSE circular listing 324 securities subject to Reversal Trade Cancellation Mechanism (RTCM) for November 2025, a surveillance measure to prevent price manipulation.
Impact
High
Severity
Medium
Justification
RTCM is a critical surveillance mechanism affecting 324 securities, enabling NSE to cancel erroneous or manipulative trades. High impact on trading operations and investor protection, though routine monthly update.
NSE announces addition of 4 securities to ESM Stage-I and movement of 2 securities from Stage-I to Stage-II with increased margin requirements and trading restrictions effective October 24-27, 2025.
Impact
High
Severity
High
Justification
Significant trading restrictions with 100% margin requirement and shift to Trade-for-Trade segment affecting 6 securities, directly impacting liquidity and trading patterns