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SEBI Working Group on Unbundling Trading and Clearing Fees

20 June 20251 min read
BANKING & FINANCESEBI Working Groupon UnbundlingTrading and ClearingFees20 June 2025safalsetu.com

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.

Test yourself

1. Who is the SEBI Chairman who said there are no immediate plans to change clearing corporation ownership?

The notes name Tuhin Kanta Pandey.

2. SEBI's working group on fee unbundling will examine separation of which charges?

It examines separating trading and clearing fees.

3. Who currently owns clearing corporations, per the notes on SEBI's unbundling move?

CCs are fully owned by stock exchanges.