Sebi bars 63 Moons from providing software services
Synopsis
Brokers, custodians, fund houses given three months to make other arrangements
Mumbai: The Securities and Exchange Board of India (Sebi) Thursday said 63 Moons Technologies, promoted by the NSEL scam-accused Jignesh Shah, is not ‘fit and proper’ to provide software services to market intermediaries. Brokers, custodians and fund houses using its services have been given three months to make alternative arrangements.63 Moons Technologies provides STP (straight through processing) software solutions and ODIN trading software
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Monthly
₹399
No Trial Period
Yearly
(Save 49%)
₹2499
15 Days Trial +TimesPrime subscription included worth ₹999*
2-Year
(Save 63%)
₹3599
15 Days Trial +TimesPrime subscription included worth ₹999*
Why ?
Sharp Insight-rich, Indepth stories across 20+ sectors
Access the exclusive Economic Times stories, Editorial and Expert opinion
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise
