Market Infrastructure Institutions

On 26th February, 2022, Markets regulator Securities and Exchange Board of India (SEBI) passed an order sanctioning the National Stock Exchange (NSE) and its official for laxity in governance.

  • In setting the context for its order, SEBI noted that the NSE was a systemically important market infrastructure institution (MII).

About Market Infrastructure Institutions

  • Stock exchanges, depositories and clearing corporations are collectively referred to as securities Market Infrastructure Institutions (MIIs).
  • Literally, the term ‘infrastructure’ would mean the basic, underlying framework or features of a system; and the term ‘market infrastructure’ denotes such fundamental facilities and systems serving this market.
  • The primary purpose of ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Economy Watch