Shares may trade on platform under permitted-to-trade route: Report

The National Stock Exchange (NSE) is exploring the possibility of enabling the trading of its own shares directly on its trading platform. This initiative may allow the NSE to bypass the usual requirement for additional approval from the Securities and Exchange Board of India (Sebi).

The exchange is considering utilizing its current permitted-to-trade mechanism, which would permit the trading of shares that are already listed on other recognized stock exchanges. If this plan proceeds, it could lead to the NSEs shares being available for trading on its own platform following an initial listing elsewhere, thus streamlining the process for market participants.

This development aligns with the NSEs broader strategy to enhance its trading offerings and improve market liquidity. As the largest stock exchange in India, the NSE plays a critical role in the domestic equity market, and this move could significantly impact how shares are traded within its system. The NSE has continued to innovate and adapt to market trends, which may strengthen its competitive position among global exchanges. Further details on this initiative and its timeline for implementation have yet to be announced.