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Standalone Primary Dealers (“SPDs”) have been previously allowed to undertake investment / trading in equity and equity derivatives market as part of their non-core activity.
The Reserve Bank of India vide circular dated 11th October 2022, has permitted SPDs to now apply for trading and self-clearing membership with SEBI approved stock exchanges/clearing corporations for undertaking proprietary transactions in equity and equity derivatives market.
For further details, please see:
For any queries / clarifications, please feel free to ping us and we will be happy to chat:
● Ms. Smrithi Nair (email@example.com)● Ms. Mahak Saboo (firstname.lastname@example.org)