Interoperability delays release of market data by stock exchanges

The implementation of interoperability at clearing corporations has resulted in the late release of market data by stock exchanges. Typically, the data is released a few hours after market close. However, in the past few days, market participants have complained that there has been a delay of several hours in the release of data. 

Interoperability allows trading members to opt for a clearing corporation of their choice, irrespective of the stock exchange where they execute trades. While NSE has a virtual monopoly in the futures and options (F&O) segment, some of the trading members have opted for clearing corporations backed by