{"id":65545,"date":"2023-04-26T15:22:38","date_gmt":"2023-04-26T09:52:38","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=65545"},"modified":"2023-08-09T20:45:46","modified_gmt":"2023-08-09T15:15:46","slug":"sebi-circular-stock-exchanges-clearing-corporations-depositories","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-circular-stock-exchanges-clearing-corporations-depositories\/","title":{"rendered":"SEBI&#8217;s New Circular: Guiding Stock Exchanges, Clearing Corporations &#038; Depositories"},"content":{"rendered":"<p>On 20th April 2023, the Securities and Exchange Board of India (SEBI) Issued a Circular in Regard to Master Circulars by Stock Exchanges, Clearing Corporations and Depositories.<\/p>\n\n\n\n<p>Stock Exchanges, Clearing Corporations and Depositories (hereinafter collectively referred to as &lsquo;<a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Market<\/a> Infrastructure Institutions (MIIs)&rsquo;) communicate with market participants, including investors, on a regular <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Basis&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In finance, the &amp;quot;basis&amp;quot; is a term with several applications, including representing the difference between the spot price and the future contract price of an asset, which is vital in investment(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/basis\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>basis<\/a> by way of circulars, directions, operating instructions, communique or any other mode of communication (hereinafter collectively referred to as<br>&lsquo;guidelines&rsquo;) for necessary compliance. This has led to a plethora of guidelines by the MIIs on various subjects.<\/p>\n\n\n\n<div class=\"_df_button\" source=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/08\/sebi-circular-stock-exchanges-clearing-corporations-depositories.pdf\">\n    Flipbook Button\n<\/div>\n\n\n<div class=\"_df_thumb \" id=\"df_70216\" _slug=\"70216\" data-title=\"microfinance-company-in-india\" wpoptions=\"true\" thumb=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/08\/Microfinance-Company-in-India.webp\" thumbtype=\"\">Microfinance Company in India<\/div><script class=\"df-shortcode-script\" nowprocket type=\"application\/javascript\">window.option_df_70216 = {\"outline\":[],\"autoEnableOutline\":\"false\",\"autoEnableThumbnail\":\"false\",\"overwritePDFOutline\":\"false\",\"direction\":\"1\",\"pageSize\":\"0\",\"source\":\"https:\\\/\\\/enterslice.com\\\/learning\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/microfinance-company-in-india.pdf\",\"wpOptions\":\"true\"}; if(window.DFLIP && window.DFLIP.parseBooks){window.DFLIP.parseBooks();}<\/script>\n","protected":false},"excerpt":{"rendered":"<p>On 20th April 2023, the Securities and Exchange Board of India (SEBI) Issued a Circular in Regard to Master Circulars by Stock Exchanges, Clearing Corporations and Depositories. Stock Exchanges, Clearing Corporations and Depositories (hereinafter collectively referred to as &lsquo;Market Infrastructure Institutions (MIIs)&rsquo;) communicate with market participants, including investors, on a regular basis by way of [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":65555,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"publication-download.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Issues Circular in Regard to Master Circular by Stock Exchanges, Clearing Corporations and Depositories<\/title>\n<meta name=\"description\" content=\"The Securities and Exchange Board of India (SEBI) Issued a Circular in Regard to Master Circulars by Stock Exchanges, Clearing Corporations and Depositories\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-circular-stock-exchanges-clearing-corporations-depositories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI Issues Circular in Regard to Master Circular by Stock Exchanges, Clearing Corporations and Depositories\" \/>\n<meta property=\"og:description\" content=\"The Securities and Exchange Board of India (SEBI) Issued a Circular in Regard to Master Circulars by Stock Exchanges, Clearing Corporations and Depositories\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-circular-stock-exchanges-clearing-corporations-depositories\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-09T15:15:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/04\/SEBI-Issues-Circular-in-Regard-to-Master-Circular-by-Stock-Exchanges-Clearing-Corporations-and-Depositories-enterslice-blog-images-26-april.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/65545"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=65545"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/65545\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/65555"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=65545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}