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This is an archive article published on July 25, 1997

SEBI approves BOLT expansion

MUMBAI, July 24: The Securities and Exchange Board of India (SEBI) today approved the expansion of Bombay Stock Exchange's BOLT trading fac...

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MUMBAI, July 24: The Securities and Exchange Board of India (SEBI) today approved the expansion of Bombay Stock Exchange’s BOLT trading facility to 99 cities.

In a communication to BSE today, senior executive director of SEBI O P Gahrotra said the approval was granted subject to adequate monitoring and surveillance by BSE on these outstation terminals. “All trades under BOLT would be subject to usual margins, capital adequacy,” Gahrotra said.

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