SEBI has introduced new guidelines to prevent the misuse of real-time price data by online gaming platforms, apps, and websites offering virtual trading services. These guidelines focus on regulating real-time share price data sharing to ensure its responsible use, primarily for regulatory purposes and investor education. The document addresses the following key points:
‣ Real-time price data sharing is permitted only for regulatory purposes
‣ Agreements required between MIIs and market intermediaries for data sharing
‣ Due diligence necessary to prevent misuse of market data for educational purposes
‣ Emphasis on responsible data sharing by global regulators
‣ Concluding remarks
