BSE proposes to launch Self Trade Prevention Check (STPC) in the Equity Segment

BSE, after the successful launch of its new functionality Self-trade prevention check (STPC) in Equity Derivatives & Currency Derivatives segments is now proposing to implement this functionality in its Equity segment. BSE plans to implement this from Monday, March 16 2015.

The Self-trade prevention check (STPC) functionality is being introduced with the purpose of preventing matching between a buy and a sell order entered in the same order book by a member for the same client code originating from same or different trading terminals of the member.

This new functionality is yet another step taken by the BSE. to raise itself to the International standards and bring in more transparency.

Source : Equity Bulls

Keywords