NSE allows seven ETFs to trade in SLB segment
Leading bourse NSE has allowed seven exchange traded funds (ETFs), including Goldman Sachs Banking ETF and Kotak Nifty ETF, to trade in the Securities Lending and Borrowing (SLB) segment from Tuesday. The move comes after Sebi announced last year that liquid index, ETFs track indices to trade in the short selling market would be eligible for trading in the SLB segment. Among other ETFs that would be available for trading in SLB segment includes IIFL Nifty ETF, Nifty Goldman Sachs ETF, Nifty JR Goldman Sachs ETF, Most Shares M50 ETF and Most Shares N100 ETF. ... these Index ETFs shall be made available for trading in the SLB scheme with effect from September 3, 2013, NSE said.
Sebi asked to strengthen supervision of entities
Lauding Sebis well developed regulatory and supervisory regime, global body for securities
regulators IOSCO has asked the Indian watchdog to further strengthen its supervision of various market entities including fund managers. In its detailed assessment report on Indian securities markets, IOSCO has also suggested that Sebi strengthen the stress-testing procedures of the central counterparties (CCPs) and to improve the liquidity risk management.