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ARTICLE · 22 AUGUST 2018

ASM Framework: A Value Added Check To Curb Volatility In Stock Market

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The ASM framework monitoring has come into force with effect from March 26, 2018.

IndiaFinance and Banking
Kumar Deep
Kumar Deep
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Introduction

A number of measures and actions have been introduced by the Securities and Exchange Board of India (SEBI) in order to protect the investors of stock markets in India. These measures are in the nature of surveillance on working of the stock market, exchanges, market participants and companies. Various surveillance measures already implemented by SEBI and Stock Exchanges are including but not limited to reduction in price band, periodic call auction and transfer of securities to Trade for Trade category from time to time etc.

Further, in order to enhance market integrity and safeguard interest of investors, SEBI, in consultation with Stock Exchanges, has introduced Additional Surveillance Measures (ASM) to be implemented by the stock exchanges as tools for reconnaissance in addition to other existing surveillance measures already in force.

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