BSE to launch STPC in equity segment

Published on March 13, 2015 19:45:07 PM
Business

BSE is planning to launch its new functionality Self Trade Prevention Check (STPC) in the Equity Segment from Monday, March 16 2015.

BSE has successfully introduced Self-trade prevention check (STPC)in Equity Derivatives & Currency Derivatives segments.

The main purpose of implementing Self-trade prevention check (STPC) is to prevent match 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 raises BSE standards to the international level and brings in more transparency.