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MSEI to conduct mock trading session on Saturday

Posted By: Doraiah Vundavally May 4, 2017

MSEI to conduct mock trading session on SaturdayMumbai, May 4 (IANS) SEBI-recognised Metropolitan Stock Exchange of India (MSEI) on Thursday said it will conduct a mock trading session in equity, equity derivatives and currency derivatives segments on Saturday.

"Trades resulting from such mock trading will not attract any margin/settlement obligation and do not create any rights and liability on members," the stock exchange platform said in a statement.

As per SEBI's requirements, mock trading is conducted on a monthly basis by all the stock exchanges -- MSEI, BSE and NSE -- to test trading and risk management related systems and applications, the statement added.

 

MSEI is the third national level stock exchange, with licences to operate in currency, interest rate and equity derivatives, equity cash, ETFs (exchange-traded funds) and debt.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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MSEI to conduct mock trading session on Saturday

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.