These establish a revised regulatory framework for Electronic Trading Platforms (ETPs) where eligible instruments are traded. It focuses on enhancing the operational resilience, risk management, and transparency of ETPs. The key aspects include comprehensive eligibility criteria for authorization, encompassing general, financial, and technological requirements. ETP operators must be Indian companies with a minimum net worth of Rs 5 crore and demonstrate experience in financial market trading infrastructure.
(Link: RBI Notification Master Direction 137/2025 Dated 16/06/2025)