To facilitate acceptance of subscriptions for Further Fund Offer of central public sector enterprises exchange-traded funds (CPSE ETFs), BSE has introduced an online mechanism for investment and subscription of exchange-traded fund on its Internet-based book building system (iBBS) platform.
The facility, which will be provided through the iBBS platform, will be made available to trading members registered with mutual fund industry body Amfi. The exchange will conduct a mock session for BiMF (BSE iBBS Platform for Mutual Fund) module on the iBBS platform on 16-17January.
Also, a mock trading session in this regard was conducted on Saturday. The mock session is being conducted to familiarise the participants with the new segment on the iBBS platform for subscription and bidding of the second tranche of CPSE ETFs.
