New Stock Exchanges and Depositories

Came across SEBI’s consultation paper about this proposal -

Given that a few years back, SEBI’s decisions led to the closure of nearly all the regional stock exchanges, why a change of stance all of sudden?

A news article about that -

Given the level of trust NSE/BSE and CDSL/NSDL enjoy, will new entrants be able to disrupt this space?


I don’t think so. Specially in nearby future.

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