In Depth: NSE in the Dock
- 1/05/2019 को प्रकाशित
- Market regulator Sebi directed the National Stock Exchange to disgorge more than Rs. 625 crore of profits derived from dissemination of data in the co-location case. Barred two former chiefs of the bourse for five years from being associated with market intermediaries. Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.
Today in In Depth we consider the issues involved in the case ... what exactly is co-location and how does it give brokers an unfair advantage in trade.. and what is the implication of the penalty imposed on NSE