Share Market: A source told Zee Business that the deadline of June 30 was fixed for this, till the time the decision was to be taken and it has been broadly agreed upon.
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If you go to buy, get cheap shares and if you go to sell, you will get a good high price. This is the wish of every investor.
Share Market: If you go to buy, you get cheap shares and if you go to sell, you will get a good high price. This is the wish of every investor. But when the deals go through the broker to the exchange, it is not always possible to do so. But now preparations are being made to do so. According to information received from sources by Zee Business, a working group of SEBI is working on this matter. Where it is broadly agreed that the order books going to the Exchange should be merged. So that if the investor is buying, then the exchange in which the stock is getting cheap is found before his order book. After that the rest of the order should go to another exchange.
broadly agreed upon
A source told Zee Business that the deadline of June 30 was fixed for this till the decision was to be taken and it has been broadly agreed upon. After that, the final rules will be made on this. However, another market expert said on the condition of anonymity that the idea of the regulator is good but it will be expensive for the brokers because major changes will have to be made in the software etc.
Completing the deal early will be more important
Another expert of the market is of the opinion that it may be fine for some people. But sometimes those who see value in the stock do not care much about the small price difference. Similarly, if someone needs quick money by selling shares, then perhaps it will be more important for him to complete the deal quickly and not to get the best price. .While it also happens that shares are available cheaply from other exchanges, but they are not available in the quantity they want.
get better share price
However, it has always been the intention of the regulator (SEBI) that if an investor can get a better price for his share, then he should definitely get it. And brokers should give the best price and opportunity. Has been working for many years. But till now the matter had not progressed on this. Now the final rules are expected to come soon after the recommendations of the Working Group come in the stipulated time frame.
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