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Sebi sends notice to NSE on alleged misuse of trading software
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Sebi sends notice to NSE on alleged misuse of trading software
22 October 2024
The Securities and Exchange Board of India (SEBI) has requested an explanation from the National Stock Exchange (NSE) following allegations that certain high-frequency traders exploited its software. These traders reportedly executed thousands of orders undetected, effectively monopolizing system access and limiting participation from other users.
The Securities and Exchange Board of India (SEBI) has requested an explanation from the National Stock Exchange (NSE) following allegations that certain high-frequency traders exploited its software. These traders reportedly executed thousands of orders undetected, effectively monopolizing system access and limiting participation from other users.
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