SEBI Working Group on Unbundling Trading and Clearing Fees
Why in the news
SEBI aims to make trading costs clearer and clearing corporations more independent of exchanges.
Key facts
- Working group to study separating trading and clearing fees, financial self-sufficiency of clearing corporations (CCs) and governance.
- Chairman Tuhin Kanta Pandey: no immediate plan to alter CC ownership, now fully held by exchanges.
- Goals: transparent charges, accountability, competition; no higher investor costs.
Next steps
- SEBI may issue standardised disclosure norms soon; the group’s report will shape policy.
Exam angle
- SEBI Chairman: Tuhin Kanta Pandey.