<ul><li>SEBI is set to curb misuse of proprietary trading terminals to prevent unauthorized rentals and violations within the industry.</li><li>Proprietary trading terminals will be required to register with unique identifiers like MAC and IP addresses to track their physical locations to avoid any unauthorized movement.</li><li>Brokers have been renting out terminals to professional traders to bypass client margin pay-out, leading to them being classified as 'proprietary trades' to avail benefits like tax avoidance.</li><li>SEBI aims to address these issues to ensure investor protection and market integrity, as unauthorized rentals and misuse can lead to potential investor complaints with inadequate documentation.</li></ul>

SEBI set to curb misuse of proprietary trading terminals

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