The proposal – put forward by persons representing large offshore funds and custodians at a recent meeting with officials of the Securities and Exchange Board of India (SEBI) and the finance ministry – implies that buy or sell orders would flow directly from an FPI server to the exchange instead of being routed through a broker’s co-location server.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.