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Coronavirus impact: NSE allows brokers to move trading terminals home

The exchange also allows some of its employees to work from home

National Stock Exchange
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National Stock Exchange

Samie Modak Mumbai
In a bid to allow stockbrokers to work remotely, the National Stock Exchange (NSE) has allowed relocation of trading terminals to locations other than those authorised. In a circular titled “operational business continuity measures Covid-19”, the exchange said in view of the coronavirus pandemic trading members will have the option of relocating their trading infrastructure subject to conditions. 

The exchange has asked broking houses to frame an internal policy to stating proper monitoring and controls to prevent unauthorised trading activity. Further, brokerages will have to provide details of users who will be permitted to operate from remote locations. The brokerages