synchronised trades, reversal trades and self
trades which contributed in the price rise of the scrip
fraudulently by trading among themselves at a price
above ... they had indulged in synchronised trades or
reversal trades or self trades nor created artificial
volumes by any such trades.
4. The AO after considering
trading transactions and the Adjudicating Officer
Page No.# 10/97
analyzed the trade logs and observed that the trades executed by Rakhi Trading
matched with ... regular trading, other investors have been excluded from participating in
these trades. The fact that when the trade was not synchronising, the traders placed
trades would not make it a synchronizsd trade unless
comparison with total trades volume is seen before holding it
to be a synchronised trade ... synchronised deals.
The word „synchronise‟ according to the Oxford
dictionary means "cause to occur at the same
time; be simultaneous". A synchronised trade
them.
3.5 The Broker stated that the allegation of 16 synchronised trades ("identified transaction") carried out by them in Ranbaxy on 15 different ... identified days (i.e about one synchronised trade per day on 15 different days, spread over a span of nearly 9 months) is baseless. Further
shares of a company are traded in bulk) are an instance of trades that match off market. Such trades have always been recognised ... through the exchange, they are bound to synchronise. It would, therefore, follow that a synchronised trade or a trade that matches off market
Trading in Index – an investor can trade even the entire
stock market by buying index futures instead of buying
individual securities. The advantages of trading ... case at hand deals, inter alia, with questions related
to synchronised trading. The concept of synchronised trading
has been explained by SAT in Ketan Parekh
Rohitkumar Premkumar Gupta vs Sebi on 2 August, 2021
Author: Tarun Agarwala
Bench: Tarun Agarwala
hearing.
6.2 The Enquiry officer found that the Noticee executed synchronised trades in the scrip of PPL and thereby misutilised the stock exchange trading mechanism ... said issue, I felt it necessary to analyse the details of synchronised trades executed by the Noticee. (As given on next page)
Details of synchronised
this, I felt it necessary to analyse the details of synchronised trades executed by the Noticee. (As given on next page)
Details of synchronised trades ... find that the Noticee had executed 126 synchronised trades through the broker Tropical and the counter parties were the clients of UTI Securities
Noticee") bearing SEBI Registration No. INB010018813, had executed synchronised trades with another broker M/s Tropical Securities and Investments Private Limited (hereinafter referred ... trade, July 10, 2001-14 trades, July 11, 2001-12 trades, August 28, 2001 - 10 trades, September 19, 2001 - 19 trades, October
