Sebi proposes new rules for sharing for financial market data for research and analysis
The market regulator has proposed new draft rules to create a standardized policy for sharing financial market data with research institutions, analysts and other stakeholders.
The Securities and Exchange Board of India (Sebi) had formulated a data-sharing policy in 2018 for analytics projects, research activities, and more. Since its inception, the regulator has received numerous data-sharing requests, underscoring the need to modify and streamline the process.
Revised framework
The regulator’s Market Data Advisory Committee (MDAC) suggested that Sebi should share only the data which is under its ownership. The data generated by the market infrastructure institutions such as exchanges, depositories and clearing corporations, the…
