Author(s)

Bezawada Brahmaiah

Finance & Accounting, ICFAI Business School, IFHE, Hyderabad, India.

The paper investigates the unauthorized trading indulged in client’s accounts by the trading members of the stock exchanges. Trading systems, misuses and abuses of the securities market by trading members have been identified and analyzed. It finds how some trading members violate trading rules, misinterpret regulatory compliances and indulge unauthorized trading. The findings and conclusions provide inputs for the development of appropriate regulatory framework for the securities market. However, the results may be generalized in the emerging markets environment. Hence, researchers are advised to study trading practices, stock market operations, appreciate the dynamics of stock market and apply the same in their future research in India and abroad.

Arbitration, Unauthorized Trading, Applicant, Respondent, Stock Exchange

Brahmaiah, B. (2018) Arbitration on Unauthorized Trading by the Trading Member of Indian Stock Exchange: An Empirical Study. Theoretical Economics Letters, 8, 2914-2920. doi: 10.4236/tel.2018.814182.