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What is the role of the Exchanges in the WDM?

April 26, 2017exchanges wdm

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What is the role of the Exchanges in the WDM?

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BSE and other Exchanges offer order-driven screen based trading facilities for Govt. securities. The trading activity on the systems is however restricted with most trades today being put through in the broker offices and reported to the Exchange through their electronic systems which provide for reporting of Negotiated Deals and Cross Deals.