SEBI提议实行SLB改革,通过简化规则和削减成本来增加现金市场的流动性。
SEBI proposes SLB reforms to boost cash market liquidity by simplifying rules and cutting costs.
SEBI正在寻求有关改革的投入,以简化印度证券借贷框架,增加现金市场的流动性和参与。
SEBI is seeking input on reforms to simplify India’s Securities Lending and Borrowing (SLB) framework to boost cash market liquidity and participation.
该倡议由全时成员Ananth Narayan牵头,旨在通过精简流程、提高透明度以及解决诸如高成本和有限库存等低效率问题,使特别劳工局更易于利用。
The initiative, led by whole-time member Ananth Narayan, aims to make SLB more accessible by streamlining processes, improving transparency, and addressing inefficiencies like high costs and limited stock availability.
目前,由于SLB的复杂性和业务障碍,大部分短售发生在期货市场。
Currently, most short selling occurs in the futures market due to SLB’s complexity and operational hurdles.
改革可能包括取消T2T机制,促成日常的平价交易,加强交流互操作性,以便在管理风险的同时与全球标准保持一致。
Reforms may include removing the T2T mechanism, enabling intra-day square-up, and enhancing exchange interoperability to align with global standards while managing risks.