Under current Sebi norms, a bourse can apply for listing of its securities on any recognised stock exchange, other than itself and its associated exchange.
Seeking simpler norms for listing of stock exchanges, top bourse BSE has suggested that the government exempt them from tougher regulations applicable to corporate entities going public.
As functions of stock exchanges are different from that of corporates, they should not be subjected to the regulations which apply to other entities when they apply for listing, according to BSE.
BSE, which itself is planning to list its securities on the capital markets, is believed to have made these submissions to Finance Ministry in its budget wish-list. Rival bourse NSE also has plans to get listed.
