SEBI Issues SOP for Handling Stock Exchange Outage and Extension of Trading Hours in ‘Commodities Derivatives Segment’
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- Last Updated on 29 May, 2024
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Circular No. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2024/62; Dated: 27.05.2024
SEBI has put in place a standard operating procedure (SOP) for handling stock exchange outages and extending trading hours in the commodities derivatives segment. A ‘Stock Exchange Outage’ means stoppage of continuous trading, either suo moto by the exchange or due to reasons beyond the exchange’s control. Under the SOP, a stock exchange that suffered an outage must inform SEBI immediately after the occurrence of an outage and notify trading members within 15 minutes of the occurrence.
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