Harmonized Trading: SEBI v. Rakhi Trading Private Limited

Abstract

Capital and commodities markets control device SEBI will chase violations involving synchronized trades with transformed strength subsequent the current ruling by the Supreme Court in the regulator’s case against Rakhi Trading, a foundation told Money manage. The role of SEBI in the market in relation to punishing culprits indulging in controlling practices such as harmonized trading, which is a kind of operation wherein both the buying and the selling order quantities are identical and happen on the same time on the trading platform. The judgment analysis regarding the need of transparent norms of trading in securities and of fairness, integrity and transparency in the securities market in India. Harmonized trades are planned trades, done with an object which could either be indisputable or undecided. Now and then the counterparties coordinate trades the buyer and the seller blow in the order at the same time so that the buyer gets the entire lot being offered by the seller. But harmonized trades are also done by entities performing in performance, to create artificial volumes and give the feeling of serious trading in a stock and they are also completed to create counterfeit earnings and losses.