PRESS RELEASE

 

April 1, 2004
PR No.72/2004
 

 

SEBI has today issued a Circular no- DNPD/Cir-22/04 on the mandatory use of STP system for all institutional trades executed on the stock exchanges w.e.f. July 01, 2004. This circular has been issued to provide adequate notice to the market and market participants about the mandatory use of STP Service for institutional trades.

The full text of the circular is available on the SEBI website at www.sebi.gov.in