{"id":26527,"date":"2026-04-04T07:23:21","date_gmt":"2026-04-04T07:23:21","guid":{"rendered":"https:\/\/www.samco.in\/help-support\/?post_type=ht_kb&#038;p=26527"},"modified":"2026-04-04T07:23:33","modified_gmt":"2026-04-04T07:23:33","slug":"what-is-esm","status":"publish","type":"ht_kb","link":"https:\/\/www.samco.in\/help-support\/article\/what-is-esm\/","title":{"rendered":"What is ESM?"},"content":{"rendered":"\n<p>ESM stands for Enhanced Surveillance Measure. It is applied to smaller listed companies typically those on the SME platform or companies with a small market cap that show signs of price manipulation or sudden unexplained price surges.<\/p>\n\n\n\n<p>The key difference between ESM and ASM or GSM is the type of company it targets. ESM specifically focuses on smaller companies where the risk of manipulation is higher due to low trading volumes and limited public information about the business.<\/p>\n\n\n\n<p>When a stock is placed under ESM, trade-to-trade settlement is mandatory. This means every buy transaction must result in actual delivery you cannot buy and sell the same stock on the same day. The margin requirements are also significantly higher.<\/p>\n\n\n\n<p>ESM is maintained by the exchanges and the list is publicly available on the NSE and BSE websites. If you are trading in small-cap or SME stocks, it is worth checking the ESM list regularly before placing orders.<\/p>\n","protected":false},"author":65,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":[],"ht_kb_category":[2881],"ht_kb_tag":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb\/26527"}],"collection":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb"}],"about":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/types\/ht_kb"}],"author":[{"embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/comments?post=26527"}],"version-history":[{"count":1,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb\/26527\/revisions"}],"predecessor-version":[{"id":26529,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb\/26527\/revisions\/26529"}],"wp:attachment":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/media?parent=26527"}],"wp:term":[{"taxonomy":"ht_kb_category","embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb_category?post=26527"},{"taxonomy":"ht_kb_tag","embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb_tag?post=26527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}