New Delhi: Stock brokers have been allowed to access the market from their homes till April 30 in the wake of the coronavirus pandemic.
This could be the first time brokers have been given this facility, according to market experts.
In separate circulars, the BSE and the NSE said that they have allowed brokers and traders to take terminals outside the authorized locations. The move will permit brokers to work from home.
The arrangement will continue till April 30 or longer if the situation demands, they added.
The move comes after the exchanges received representations or enquiries from trading members regarding operation of trading terminals from locations other than those reported to the exchange, as a preventive measure, in view of the prevailing coronavirus pandemic.
In view of this and as a temporary measure, the BSE and the NSE said stock brokers will be permitted to operate the trading terminals from locations other than those reported to the exchange. This is subject to compliance of certain guidelines.
