RBI Master Direction on Electronic Trading Platforms 2025
Why in the news
RBI issued fresh rules for electronic trading platforms (ETPs), strengthening oversight of digital market infrastructure.
About ETPs
- Electronic systems, other than recognised stock exchanges, for deals in eligible instruments: securities, money market, forex and derivatives.
- Exempt: scheduled commercial banks and standalone primary dealers acting as sole quote provider and party to all trades.
| Area | Rule |
|---|---|
| Technology | Reliable, available, scalable, cyber-secure |
| Approval | RBI may grant, reject or cancel |
| Records | At least 10 years |
| Reports | Quarterly, by the 15th of the following month |
| Enforcement | Inspections, penalties, revocation |
Exam angle
- Portal: PRAVAAH; net worth: ₹5 crore.