Live
- First Impressions and Unboxing of the MacBook Pro M4: A Powerhouse for Professionals and Creators
- China Gears Up for Potential Trade War Amid Trump’s Tariff Threats
- Small Farmers Gain Less by Selling to Supermarkets: Study Reveals
- Why Despite the Controversy, America Is Anticipating the Mike Tyson vs. Jake Paul Fight
- Sanju Samson and Tilak Varma Shine: Record-Breaking Feats in 4th T20I Against South Africa
- India Urges $1.3 Trillion Annual Climate Support for Developing Nations
- Bad air: 106 shuttle buses, 60 extra Metro trips planned to make Delhiites give up cars
- WHO reports declining monkeypox cases in Congo
- CM Attends Kotideepotsavam on Kartika Purnima
- PKL Season 11: Raiding trio of Devank, Ayan, Sandeep help Patna Pirates rout Bengal Warriorz
SEBI chairman says enforcement action initiated in NSE co-location case
Markets regulator SEBI on Thursday said it has initiated enforcement actions against various entities in the NSE co-location case.
SEBI has been probing the alleged lapses in high-frequency trading offered through the National Stock Exchange’s co-location facility.
Markets regulator SEBI on Thursday said it has initiated enforcement actions against various entities in the NSE co-location case.
The markets watchdog has been probing the alleged lapses in high-frequency trading offered through the National Stock Exchange’s co-location facility.
“We have received the NSE investigation report in the co-location case... have initiated enforcement actions,” SEBI chairman Ajay Tyagi said.
In the coming few days, the enforcement actions would be completed against the entities, he added. Tyagi also said that the investigation has nothing to do with the NSE’s proposed initial public offer.
The regulator was probing allegations that some brokers had unfair access to NSE’s high frequency trading systems.
In March, the NSE said SEBI had returned its consent application in the case due to the ongoing investigation.
The exchange’s Rs 10,000 crore IPO has been delayed because of the probe and the regulator had earlier issued show-cause notices to several individuals and the exchange while also probing the role of some brokers.
