NSEALGOSCAM
Just over a week ago, when the National Stock Exchange (NSE) celebrated 25 years of its existence, Vikram Limaye, the current managing director (MD) and CEO, was confident that the bourse would soon put the algo trading controversy behind it by filing a revised consent application with the Securities and Exchange Board of India (SEBI)

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The technical advisory committee (TAC) of the Securities & Exchange Board of India (SEBI) came down heavily on the attitude of Ernst & Young (E&Y) during a meeting held on 14 June 2018 at New Delhi to discuss the revised E&Y report on the infamous high-frequency trading (HFT) scam, or algo scam, of the National Stock Exchange (NSE)

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Moneylife Digital Team 14 August 2018
The National Stock Exchange has asked Jet Airways to clarify whether an article in The Economic Times that claimed that Jet was planning a USD400-million stake sale to private equity (PS) players was correct

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Even as the National Stock Exchange (NSE) is trying to go for a consent order in its algo or High Frequency Trading (HFT) or algorithmic (algo) scam to “put the past behind” and launch its initial public offering (IPO), market regulator Securities and Exchange Board of India (SEBI) has issued a second set of show cause notices on 3 July 2018 in its probe into the algo scam. Starting 2010, certain brokers namely Way2Wealth and GKN Securities used NSE’s co-location facility to get early access to its algorithmic trading systems, gaining an unfair advantage until NSE changed its systems in 2014 to prevent misuse

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Three member brokers of National Stock Exchange of India Ltd (NSE) got secondary server access and received maximum ticks due to lack of defined policies and procedures by the Exchange, reveals a forensic review

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There has been a sensational twist to the investigation into the misuse of co-location facilities of the National Stock Exchange (NSE) by select brokers (also known as the algo scam)

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Moneylife Digital Team 31 May 2018
CBI (Central Bureau of Investigation) registered a case against Sanjay Gupta, owner and promoter of OPG Securities Pvt Limited, Aman Kakrady (brother-in-law of Sanjay), Ajay Shah (who is alleged to have facilitated Gupta by developing and providing Algo software Chankaya) and against some officials of SEBI (Securities and Exchange Board of India) and National Stock Exchange whose names are unknown

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Moneylife Digital Team 24 May 2018
NSE NOW, the stock trading terminal offered by National Stock Exchange (NSE) to traders was facing technical problems on Thursday, say reports

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Moneylife Digital Team 12 September 2017
NSE moved the Bombay High Court on 21 July 2015 to stop the publication and circulation of the article and also asked Moneylife to offer an unconditional apology

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On 5th January, I forwarded a letter from insiders at the National Stock Exchange (NSE), raising concerns about conflict of interest at the NSE board, to UK Sinha, chairman of the Securities and Exchange Board of India

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On 2nd December, Chitra Ramakrishna, managing director and CEO of the National Stock Exchange (NSE), resigned abruptly citing ‘personal reasons’.

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