Open AccessADR ON CLIENT’S DISPUTE WITH TRADING MEMBER AT THE LEADING STOCK EXCHANGE IN INDIA: AN EMPIRICAL STUDY
Author(s) -
Bezawada Brahmaiah
Publication year - 2020
Publication title -
indian journal of finance and banking
Language(s) - English
Resource type - Journals
eISSN - 2574-609X
pISSN - 2574-6081
DOI - 10.46281/ijfb.v4i3.809
Subject(s) - stock exchange , alternative trading system , business , open outcry , algorithmic trading , stock market , electronic trading , cash , market maker , stock trading , stock (firearms) , flash trading , restricted stock , financial economics , finance , economics , mechanical engineering , paleontology , horse , engineering , biology
The paper evaluates trading rules and regulations of the Stock Exchange in cash segment of the stock market in India. The paper adopts case method to study the trading rules and practices of trading members of the Exchange. It investigates the stock market’s misuses and abuses by the trading members. The paper provides guidance for the appropriate regulatory framework to Indian securities market and ensures investors’ protection. The results may be generalized in the emerging markets. Hence, researchers are encouraged to study results further in other developed countries. The paper finds that these practices are not only violation of trading rules of the Stock Exchange but also unfair and unethical trading practices.