SEBI approves NSE's tie-up with regional exchanges

Securities and Exchange Board of India has approved the National Stock Exchange's tie-up with a number of regional exchanges including Calcutta, Vadodara, Jaipur and Madhya Pradesh.

Securities and Exchange Board of India(SEBI) has approved the National Stock Exchange (NSE)'s tie-up with a number of regional exchanges including Calcutta, Vadodara, Jaipur and Madhya Pradesh.

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This will help Members from these exchanges to trade on a much wider country-wide trading platform--the NSE, a press release issued in Mumbai said.

This will also help in reviving these regional exchanges as more regional companies will list on these exchanges and will be eligible for trading on NSE. So far many of these exchanges were only Member brokers on NSE, the release said.