Sebi, exchanges meet to beef up systems post 3-hour technical glitch at NSE

Suggestions were sought on the exchange's preparedness for technical glitches, cyber threats

The Securities and Exchange Board of India (Sebi) has called for a meeting of stock exchanges on Friday to discuss beefing up of systems and process following the three-hour technical glitch at National Stock Exchange (NSE) earlier this month.

This would be the first meeting of newly-constituted Sebi panel on cyber security aimed at safeguarding capital markets against technical glitches and cyber-attacks. The four-member panel, set up in May, is headed by Sebi's whole-time member Madhabi Puri Buch, Executive Director S V Muralidhar Rao and other information technology (IT) experts.

Sources said that exchanges were asked to give representation on the overall