Business Daily from THE HINDU group of publications
Wednesday, Aug 30, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Markets - Stock Exchanges
HSE suspends trading temporarily

Our Bureau

Hyderabad, Aug. 29

The governing board of the Hyderabad Stock Exchange (HSE) has decided to temporarily suspend trading till it upgrades trading infrastructure to meet the SEBI directives pertaining to VaR (value at risk) margin. The market regulator had earlier advised all the bourses to implement the calculation of VaR margin at least five times intra-day based on the closing price of the previous day. According to a HSE notice, it was submitted to the SEBI that the exchange took adequate measures to ensure safety and security of the market by way of collecting 100 per cent upfront margins, pay-in on T+1 basis, bringing all the stocks under trade-for-trade segment and also reducing the circuit filter to two per cent.

More Stories on : Stock Exchanges

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Open offer to Matrix Lab shareholders


Tata MF lines up children's fund
Kotak invests Rs 34 cr in Lemon Tree, Red Fox hotels
Maruti up on divestment buzz, expansion plans
ETC to buy back shares
Diamond stocks in limelight
`Essel Propack buys Packaging India'
Ceat hits ceiling on real estate talk
Bulls prevail
HSE suspends trading temporarily
`Increased listing will contain volatility'
JM Financial allots shares to 2 FIIs
`SEBI will heed investor concerns'
Sensex witnesses early bull rage; closes at 11,707 points
HOV Services plans IPO
Usher Agro plans Rs 18-cr public issue
Cambridge Tech plans IPO


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line