Regulatory Alerts2007-01-01
Decision No. 63 of 2007 on Trading, Clearing and Settlement Rules for the SME Market
The Financial Regulatory Authority issued Decision No. 63 of 2007 to establish comprehensive trading, clearing, and settlement rules for the Small and Medium Enterprises Market. The regulation standardizes operational procedures for listing companies, defining specific requirements for order execution, trade clearing timelines, and settlement cycles. It aims to enhance market liquidity and investor confidence by aligning SME market operations with broader exchange standards while accommodating the distinct characteristics of smaller enterprises.
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