Under the trade-for-trade category, no
speculative trading is allowed
Terminology - Share Market
As per SEBI guidelines, shares of
listed companies which have not achieved at least 50% of their public holding
in dematerialised or / electronic form
would have to trade in the 'T' group category.
Leading bourse BSE will move securities of 14
companies to the restricted trading segment from next week for reasons including
failure to convert mandatory 50% public shareholding into demat form.
The stocks would be transferred to the
trade-for-trade segment or 'T' or 'XT' group with effect from February 22, 2017
BSE said in a notice.
Under the trade-for-trade category, no speculative
trading is allowed and delivery of shares & payment of consideration amount
are mandatory.
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