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SMC Global Securities Penalized by NSE for Trading Irregularities

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SMC Global Securities Penalized by NSE for Trading Irregularities

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SMC Global Securities Ltd. (India) ( (IN:SMCGLOBAL) ) has shared an announcement.

SMC Global Securities Ltd. has been penalized ₹21,30,878 by the National Stock Exchange (NSE) for issues related to trading activities in the equity derivatives segment. The penalty, linked to reversal trades by clients between April and July 2023, is operational and does not affect the company’s financial stability or client services. SMC Global has enhanced its internal monitoring systems to ensure compliance and safeguard stakeholder interests.

More about SMC Global Securities Ltd. (India)

SMC Global Securities Ltd. operates in the financial services industry, offering a range of services including equity, derivatives, and commodities trading. The company focuses on providing comprehensive trading solutions and maintaining robust regulatory compliance.

Average Trading Volume: 13,523

Technical Sentiment Signal: Strong Buy

Current Market Cap: 14.05B INR

See more data about SMCGLOBAL stock on TipRanks’ Stock Analysis page.

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