The Securities and Exchange Board of India (Sebi) is considering a plea by the stock exchanges to allow trading of their own shares under the ‘permitted-to-trade’ category.
If allowed, shares of BSE will trade on the BSE. Similarly, shares of the National Stock Exchange (NSE) will be allowed to trade on its own platform.
“Sebi and exchange officials met last week to discuss the issue. The regulator is consulting more participants and legal experts,” said a source. Sebi, BSE and NSE declined to comment.
An exchange may allow trading in any company, even if not listed with it, under the