Securities Board publishes concept paper on intraday trading

The regulatory body has released a draft framework regarding the implementation of intraday transactions in the stock market. This step is designed to fulfill objectives outlined in the capital market strengthening and revival action plan issued by the Ministry of Finance, alongside the board's annual policy goals for the fiscal year. To prepare for these changes, a dedicated committee comprising representatives from key financial institutions and associations conducted studies and drafted the document. The framework prioritises investor protection, risk-based regulation, and real-time technological monitoring to ensure fair and transparent operations. Under the proposed guidelines, trading will initially be restricted to a select group of securities known for regular trading activity, adequate liquidity, and lower susceptibility to market manipulation. The rollout will begin with a buy-first, sell-later approach, while more complex mechanisms will be introduced later. Full implementation will follow a structured testing and readiness assessment phase rather than an immediate launch. Authorities intend to establish clear criteria for eligible securities and participants, alongside refined broker operating procedures and risk management systems.