 "Sebi directs exchanges to beef up capacity")
The Securities and Exchange Board of India (Sebi) on Thursday directed the stock exchanges and clearing corporations to beef up their capacity.
The market regulator has stated the exchanges and clearing corporations need to have installed capacity one-and-a-half times of the peak load.
If the capacity utilisation exceeds 75 per cent of the installed capacity then these market infrastructure institutes would need to immediately increase their capacity.
“It is imperative for the stock exchanges and clearing corporations to continuously assess and monitor their system capacities. Over the years, stock exchanges and clearing corporations have experienced increase in volumes owing to the growth of the market and have accordingly taken steps to increase capacities of their trading, clearing and settlement infrastructure,” stated the Sebi circular.
