#BSE #bse #sensex #bankex 
UDiFF: Unified Distilled File Formats

Another shot in the arm for @BSEIndia and a step in further democratising the Exchange space. 
It is heartening to see that regulators and people in the highest echelons of power are recognising the dangers of concentration of liquidity and trading on a single venue. 

This measure which has largely gone unnoticed by most analysts and investors is another step towards levelling the playing field which helps BSE’s prospects. 
Until now, a major stumbling block to getting members to trade and onboard to BSE’s segments was the plethora of file formats and duplication of reporting. NSE used this to its advantage to stifle competition. With this particular order, SEBI has made it mandatory for all MIIs to have a similar format which makes it much easier for newer exchanges to quickly enable activation of segments and getting people to trade.#supportbse 
#boycottnse