Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch has suggested that the settlement of proprietary and retail trades should be segregated in order to prevent misuse of proprietary trading. 

Proprietary trading involves financial firms using their own funds to trade on stock exchanges for profit.

 Buch stated that brokers have different revenue models, and while some may appear to be engaging in misuse, a balanced analysis is needed to differentiate between legitimate and improper practices. 

The subject of extending trading hours is also under discussion, with diverse views among stakeholders. Buch clarified that Sebi has not yet sought feedback from investors on the matter. 

Regarding criticism of Sebi’s decision to close markets on January 22 for Lord Ram’s Pran Pratishtha celebrations, Buch explained that the market was open on January 20 to allow investors to square off their positions before the holiday.

 She emphasized that the aim was to ensure that investors were not inconvenienced by the sudden announcement of a market closure.

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