LawgistThe Securities Contracts (Regulation) Act
13AAdditional trading floor
1[13A. Additional trading floor.--A stock exchange may establish additional trading floor with the prior approval of the Securities and Exchange Board of India in accordance with the terms and conditions stipulated by the said Board.
Explanation.--For the purposes of this section, "additional trading floor" means a trading ring or trading facility offered by a recognised stock exchange outside its area of operation to enable the investors to buy and sell securities through such trading floor under the regulatory framework of that stock exchange.]
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1. Ins. by Act 9 of 1995, s. 21 (w.e.f. 25-1-1995).
CONTRACTS AND OPTIONS IN SECURITIES
- 13 Contracts in notified areas illegal in certain circumstances
- 13A Additional trading floor
- 14 Contracts in notified areas to be void in certain circumstances
- 15 Members may not act as principals in certain circumstances
- 16 Power to prohibit contracts in certain cases
- 17 Licensing of dealers in securities in certain areas
- 17A Public issue and listing of securities referred to in sub-clause (ie) of clause (h) of section 2
- 18 Exclusion of spot delivery contracts from sections 13, 14, 15 and 17
- 18A Contracts in derivatives
- 19 Stock exchanges other than recognised stock exchanges prohibited
- 20 [Omitted.]
