Monday July 28 2025
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Sri Lanka
On 28th July 2025, the Colombo Stock Exchange (CSE) published a circular outlining the establishment and implementation of a central counterparty.
With the intention of establishing a Central Counterparty (CCP) for the clearing and settlement of equity transactions carried out on the Colombo Stock Exchange (CSE), the CSE has established an entity under the name of āCSE Clear Private Limitedā (CSE Clear). The said CSE Clear would function as a clearing house licensed by the Securities and Exchange Commission of Sri Lanka (SEC) under the category of a āMarket Institutionā.
In order to facilitate the establishment of CSE Clear, certain rules set out in the following Rulebooks have been amended by the CSE, and the revised Rules have been approved by the SEC:
- Trading Participant Rules
- Trading Rules
- Dispute Resolution Rules
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