Markets regulator Sebi on Tuesday proposed that stock exchanges and other market infrastructure institutions frame their own policy for sharing data for the purpose of research to promote data democratisation, data privacy and data accountability.
However, data shared with vendors for commercial purposes will not fall under this policy, Sebi suggested in its consultation paper.
The markets regulator has a data sharing policy to share anonymised data that are not publicly available. However, since Sebi is not the originator of most of the market data, the scope of sharing data under the extant data sharing policy of Sebi was deliberated by its Market Data Advisory Committee (MDAC).
The committee suggested that in order to achieve the balance between data privacy vis-a-vis providing access to data, organizations, which are the actual source of data, will need to have a policy on data collection, processing, storage, dissemination and sharing.
Accordingly, the regulator, in its …
Posts in category Business Standard
Sebi directs market infra institutions to establish data-sharing policies (08-10-2024)
LTIMindtree launches Smart Spaces solution with its digital transformation platform iNXT (08-10-2024)
With this solution, existing and new buildings can be fitted with the latest IoT devices, and the facilities team can instantly access key data on the platform pertaining to operational and environmental metrics such as energy, emission, water and waste. It can help achieve significant savings and operational excellence for investors, landlords, building managers and tenants across residential and office buildings.
Garuda Construction and Engg IPO subscribed 1.91 times (08-10-2024)
The offer received bids for 3.80 crore shares as against 1.99 crore shares on offer.
Heranba Organics commences commercial production at Sarigam Unit (08-10-2024)
Heranba expects this Sarigam Unit to generate annual revenue of Rs. 280 to Rs. 300 crore. The production capacity and capacity utilisation of this Sarigam Unit will be 9000 MTPA.
Japanese stocks tumble after household spending data (08-10-2024)
The Nikkei average dropped 1 percent to 38,937.54, snapping a three-day winning streak. The broader Topix index settled 1.47 percent lower at 2,699.15. Technology startup investor SoftBank Group fell 1.9 percent to drag the Nikkei index the most.
Nifty October futures trade at premium (08-10-2024)
NSE India VIX slipped 3.26% to 14.59.
Chinese markets rally after a weeklong holiday (08-10-2024)
The dollar consolidated near a seven-week high while gold edged down slightly after a Federal Reserve official urged a cautious path on interest-rate cuts.
Transformers and Rectifiers hits the roof after strong Q2 outcomes (08-10-2024)
Transformers and Rectifiers (India) hit an upper circuit of 5% at Rs 672.15 after the company’s consolidated net profit surged to Rs 45.25 crore in Q2 FY25 as compared with Rs 1.61 crore posted in Q2 FY24.
PE investment in real estate increases to $2.2 bn in Jul-Sep: Savills India (08-10-2024)
Private equity investments in the real estate sector jumped over twofold to USD 2.2 billion in July-September as investors look for gains amid strong property demand, according to Savills India.
In the year-ago period, private equity (PE) investments in real estate stood at USD 934 million.
Real estate consultant Savills India also noted that the PE inflows stood at USD 3.9 billion during the January-September period of this calendar year, touching the investment quantum registered in the entire 2023.
The PE inflows stood at USD 6.7 billion in 2019, USD 6.6 billion in 2020, USD 3.4 billion in 2021, USD 3.4 billion in 2022, and USD 3.9 billion in 2023.
“Despite global challenges, India witnessed heightened investment activity with YTD 2024 inflows surpassing all of 2023 investments, reflecting strong investor confidence on the back of a robust macroeconomic environment,” said Arvind Nandan, Managing Director, Research & Consulting, Savills India.
During the July-September quarter,
Dollar eases from 7-week highs as traders weigh Federal Reserve’s rate path (08-10-2024)
The euro inched 0.2% higher to $1.099225, not far from the seven-week low of $1.09515 hit last week. The pound was at $1.31, after hitting a three-week low of $1.30595 on Monday