Securities and Exchange Board of India (SEBI) constitutes Technical Advisory Committee

March 12, 2010: Technological advancements have brought to the fore several challenges associated with use and adoption of technology in the securities market. With Indian markets starting to experiment with more sophisticated methods of trading like algorithmic trade or programme based trading, there is a greater need to monitor these technologies to protect the interest of investors. There is need to carefully examine how more sophisticated technologies can be used in the Indian context without harming the securities market

In order to keep pace with such advancements, market dynamics, to protect interests of investors and to frame appropriate policies for effective implementation, Securities and Exchange Board of India (SEBI) has decided to constitute committee comprising of technology experts to advise in these areas.

Accordingly, it has been decided to set-up a Technical Advisory Committee under the Chairmanship of Prof. S. Sadagopan, IIT, Bangalore.

Other committee members are Indian Institute of Science Principal Research Scientist H Krishnamurthy, Indian Institute of Technology (Chennai) Professor Ashok Jhunjhunwala, independent IT consultant Anil Agarwal, and independent consultant Vibhakar Bhushan.



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