Sebi, which enabled reporting of OTC trades by trading members as well as non-trading members in the exchange debt segment, has advised that all OTC trades in Corporate Bonds shall be reported only on any one of the reporting platform provided in the debt segment of stock exchanges viz NSE, BSE and MCX-SX within 15 minutes of the trade. This circular shall come into effect from April 01, 2014.
This announcement came after the RBI directed its regulated entities to report their OTC trades in Corporate Bonds and Securitized Debt instruments on any of the stock exchanges (NSE,BSE and MCX-SX) with effect from April 01, 2014.
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