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Options
- A
SEBI had mandated that all the institutional trades executed on the Stock Exchanges should be processed through the STP system
- B
STP is a mechanism that automates the end-to-end processing of transactions of the financial instruments
-
Only A is true
Correct answer
- D
Only B is true
- E
Both A and B are true
- F
Neither A nor B is true
Why this is the answer
SEBI mandated in 2004 that all institutional trades on stock exchanges must go through STP. STP automates end-to-end transaction processing, covering front, middle, and back office operations electronically.
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