Business Standard

Exchanges start walking the line on Sebi's call for data democratisation

Calling data a public infrastructure, Sebi chairperson recently spoke in favour of enforcing free accessibility

Sebi
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The stock exchanges till now have appeared to be reluctant in data sharing as it constitutes a significant share to their revenues

Khushboo Tiwari Mumbai
Aligning with the market regulator’s efforts towards data accessibility for free, the National Stock Exchange (NSE), BSE, and Metropolitan Stock Exchange of India (MSE) released a joint statement informing about their step towards providing market-related data promptly on their websites.

“In view of the larger interest of investors and various market participants who use the daily price related information like open price, day’s high, day’s low, closing price etc. of securities for their downstream processes, the exchanges have jointly decided to provide such information on their website as early as possible after the close of markets,” the statement read.

The

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