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NOTICES
Notice No.   20210805-36   Notice Date   05 Aug 2021
Category   Compliance   Segment   General
Subject   Guidelines for execution of client transactions at the best available market price
 
Content

This is in continuation to Exchange Notice no. 20200626-7 dated June 26, 2020, Notice No. 20210318-12 dated March 18, 2021, Notice no. 20210629-35 dated June 29, 2021 and Notice no. 20210701-1 dated July 01, 2021 for guidelines for execution of client transactions at the best available market price (Best Price Execution).

 

Members are hereby informed that as per email communication received from SEBI on July 28, 2021, the best price order entry screen/ form should have the quantity field as blank.  The user shall enter the desired quantity prior to submission of the order entry. This is applicable to all types of order entry screens/forms that support Best Price Entry. This facility is not applicable for order modification and order cancellation.

 

All members are requested to make the requisite changes in their softwares. 

In case of any queries/clarifications, you may please email us at bse.rbs@bseindia.com

 

For and on behalf of BSE Ltd.

 

Hiteshkumar Desai                                                Sandeep Sharma

Addtnl. General Manager                                     Asst. General Manager

Broker Supervision                                                Broker Supervision