India's market regulator proposes relaxed norms for setting up new stock exchanges

India's market regulator proposes relaxed norms for setting up new stock exchanges

Photo by Livemint

The markets regulator on Wednesday proposed to ease ownership norms for entities that plan to start new stock exchanges in India, a move that may end the 16-year-long dominance of the National Stock Exchange (NSE), allow entry of foreign exchanges, and lower the trading costs for investors.

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