NSEALGOSCAM
The Central Bureau of Investigation (CBI) in a status report on the NSE co-location scam, informed the Delhi High Court on Wednesday that its investigation was not restricted to the FIR which was initially registered.

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The National Stock Exchange (NSE) on Wednesday imposed fines and issued notices to 250 companies for not adhering to the Listing Obligations and Disclosure Requirements (LODR).

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Moneylife Digital Team 03 May 2019
In two separate orders in the Algo-scandal investigation, the Securities and Exchange Board of India (SEBI) has indicted well-known market economist Ajay Shah and Suprabhat Lala, a senior official of the National Stock Exchange (NSE). The order says a private firm of Sunita Thomas (Mr Lala’s wife and sister-in-law of Ajay Shah), 'commercially exploited' confidential data obtained from the NSE for writing algo trading software.

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Has the Securities and Exchange Board of India (SEBI) let off the National Stock Exchange (NSE) rather lightly for its series of reckless behaviour in what is called the algorithm (algo) scam?

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Moneylife Digital Team 02 May 2019
Following the order from market regulator SEBI in the NSE algo scam, Ravi Narain, former managing director and chief executive (CEO) and later vice chairman of the Exchange, has resigned from the board of directors of two listed companies: automaker Escorts Ltd and agro-chemical company PI Industries Ltd.

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Moneylife Digital Team 30 April 2019
In two separate orders, the Securities and Exchange Board of India has slammed the National Stock Exchange (NSE), it’s two controversial, former managing directors Ravi Narain and Chitra Ramakrishna and a host of other entities including Professor A

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Moneylife Digital Team 29 April 2019
The Delhi High Court on Tuesday will hear a public interest litigation (PIL) related with over Rs50,000 crore National Stock Exchange (NSE) co-location scam, says a report.

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The National Stock Exchange of India (NSE) on Monday said that it will exclude 34 stocks from the Futures and Options (F&O) segment for not meeting the enhanced eligibility criteria.

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The Securities and Exchange Board of India has started to conduct hearings from Wednesday on the show cause notices (SCNs) issued to a total of 25 entities and individuals in July 2018.

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Moneylife Digital Team 12 December 2018
Market regulator Securities Exchange Board of India (SEBI) says it has started adjudication against 28-30 members in the National Stock Exchange (NSE) co-location or algo scam.

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Moneylife Digital Team 24 September 2018
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have asked IL&FS Transportation Networks Ltd to clarify on a news about majority stake purchase by Japan's Orix Corp in the company's parent Infrastructure Leasing & Financial Services (IL&FS).

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Market regulator Securities and Exchange Board of India (SEBI) has said that the National Stock Exchange (NSE) has filed fresh consent application in the co-location or Algo trading scam

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Moneylife Digital Team 14 September 2018
Based on the forensic audit reports in the algo scam, enforcement proceedings have been initiated against the National Stock Exchange (NSE), its past and present officials, stock brokers and other connected entities, says the Ministry of Finance.

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A growing clamour and pressure from influential quarters for the capital market regulator to wind up the algo-trading scandal at the National Stock Exchange (NSE) may have been put on pause by a timely public interest litigation (PIL) filed in the Madras High Court.

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Moneylife Digital Team 29 August 2018
Ajay Shah of the National Institute of Public Finance and Policy (NIPFP) was given 'special treatment' by National Stock Exchange (NSE) in gaining access to confidential and sensitive data without a formal agreement and data use contract, reveals a reply in the Lok Sabha which is based on inputs from the market regulator

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A Writ Petition filed in Madras High Court has prayed that the Court should declare directors, key management persons, employees and brokers of National Stock Exchange (NSE) involved in the co-location or algo trading scam, as 'not fit & proper'.

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While market regulator Securities and Exchange Board of India (SEBI) has shot off show-cause notices to 20 entities on the now infamous market manipulation in National Stock Exchange (NSE)’s co-location servers, any fair investigation into the misuse of algo trading or co-location services ought to start in 2010

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The technical advisory committee (TAC) appointed by the Securities & Exchange Board of India (SEBI) has nailed wrongdoings in the National Stock Exchanges, which were mentioned by Ernst & Young (EY) in its revised report. The Committee also rapped EY for the forensic firm’s failure to draw conclusion from its obvious findings

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While the National Stock Exchange (NSE) continues to take a hard line against the allegations of manipulation and market abuse in its co-location servers for high-frequency trading (HFT), popularly called the algo scam, the Technical Advisory Committee (TAC), which examined all the evidence on record is clear that market regulator Securities & Exchange Board of India (SEBI) must take strong action

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Moneylife Digital Team 20 August 2018
The Madras High Court, last week, had issued a notice to market regulator Securities and Exchange Board of India (SEBI) in the matter of suspected multi-crore fraud involving employees of National Stock Exchange (NSE), says a report

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