SEBI-Extension of Bourse Timings
Well SEBI has decided the bourses to extend the market hours by by around two-and-a-half hours between 9 am and 5 pm.
The current market hours stand from 9.55 am to 3.30 pm.
" ... it has been decided to permit the stock exchanges to set their trading hours (in the cash and derivatives segments) subject to the condition that the trading hours are between 9 am and 5 pm," SEBI said.
The Securities and Exchange Board of India (SEBI) further asked the bourses to reset their timings provided they have in place risk management system and infrastructure commensurate to the trading hours.
What are the implications for the Bankers:
Bankers have to gear up for the extended trading hours, as Brokers/Exchanges will be requiring access to funds during the trading hours.
The RTGS timings will be extended further, to be in tune with the Stock Exchanges Trading Hours. Both the RTGS Opening time and Closing time might be extended.
This extension of timings will be beneficial to other Bank Customers as well.
Please refer my earlier Post on this subject @
The SEBI Circular can be accessed at
Bankers, Prepare for the Extended Timings.
