Question
What is Interoperability in connection with trades
executed at Stock Exchanges?Solution
Interoperability refers to a mechanism wherein trades executed on any exchange—BSE, NSE or MSEI —can be settled or cleared through any of the clearing corporations and not necessarily restricted to the clearing corporation of the exchange on which the trade was done. For instance, a trade executed on NSE can be settled through BSE’s Indian Clearing Corporation and vice versa. The interoperability system, which allows smooth settlement of equity trades done across exchanges, is set for an overhaul after the technical glitch at the National Stock Exchange in February raised questions about its effectiveness. The Securities and Exchange Board of India wants to revamp the existing system to ensure that trades will are executed even if one of the exchanges faces a breakdown during market hours.
Select the most appropriate indirect/direct form of the given sentence.
Radha says, “there is going to be rainfall.
Uncle always welcomes us to his home with a big smile.
Select the most appropriate indirect/direct form of the given sentence.
Rekha said to her husband, “ I must go to Agra”
Select the most appropriate indirect/direct form of the given sentence.
Laila said to Majnu, “do not try to play with me .”
Select the correct indirect form of the given sentence.
Mr. Puri said to me, "Why are you taking down this fence?"
Select the most appropriate direct form of the given sentence.
Madhuri told me that I could stay in her flat whenever I was in Kolkata.
Select the most appropriate indirect/direct form of the given sentence.
Neelu said to her friends, “let us play the game .
Sameera said to me, “Should I go to the party tomorrow”?
My boss said, “Do you think you can complete the report within five days?”
I will tell him that I don't want to join the art classes.
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