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PRESS RELEASE
April 1, 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
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