It has now been decided to have a uniform policy for Stock Exchanges, Clearing Corporations and Depositories respectively, for sharing data separately for only research/ research publications undertaken by accredited academic institutions. Data shared with vendors for commercial purposes shall not fall under this policy. Accordingly, Stock Exchanges, Depositories and Clearing Corporations are advised to segregate data available, for each market segment, with them into two baskets as follows.
The first basket contains publicly shareable aggregate and analyzed data, including regulatory reporting and disclosure data. This excludes personal, sensitive, or confidential information. It includes:
Public Data: Available on the websites of Stock Exchanges, Depositories, and Clearing Corporations.
Voluminous Data: Anonymized and non-identifiable data too large for online publication. Researchers can access up to 2 GB of such data annually for free if no extra computation is required. For larger or processed datasets, MIIs may charge a cost-based fee.
Data in the second basket will contain information that cannot be shared with the public. These data would include, for instance, KYC information / trade logs / holding details of an entity/ individual, etc. with the identity of the entity/ individual.MIIs are required to share the data list under each basket with SEBI for approval, within 60 days of the issuance of this Circular and the same shall be reviewed annually or on need basis, whichever is earlier. The data made available through first basket should be in a stakeholder friendly format.
About the Author
