SEBI direct AMCs to use an automated Order Management System
Sep 17 2020
News Category: Industry Update
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Regarding orders pertaining to equity and equity related instruments, SEBI has directed AMCs to use an automated Order Management System, wherein the orders for equity and equity related instruments of each scheme shall be placed by the fund manager of the respective schemes. In case a fund manager is managing multiple schemes, the fund manager shall necessarily place scheme wise order.

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