TITLE:
Arbitration on Margin Positions Liquidation at Stock Exchange in India
AUTHORS:
B. Brahmaiah
KEYWORDS:
Arbitration, Margin Trading, Applicant, Respondent, Securities Market
JOURNAL NAME:
Theoretical Economics Letters,
Vol.8 No.10,
June
19,
2018
ABSTRACT: The paper investigates compliances of margin trading rules and regulations
of the Stock Exchange by stock brokers in India. Trading practices, misuses and abuses of securities
market by trading members have been discussed in detail in this paper. It
highlights how some trading members violate the margin trading rules and misinterpret the
regulatory compliances. The award provides inputs for the development of
appropriate regulatory framework for the securities market. A discussion on capital
market abuses would promote customer education and their curtailment by the
competent authority. The
limitation of the findings may lack generalizability. However, the results may
be generalized in the emerging markets environment. Hence, researchers are
advised to understand the facts of the case, analyze it in terms of stock
exchange regulations, appreciate the appropriateness of the award, and apply
the same in their future research activities in some other similar contexts in
India and abroad.