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Keen to resolve NSE's co-location issue as soon as possible: Sebi chairman

The case relates to some brokers allegedly getting preferential access to NSE servers through co-location facility during 2011-14. The exchange discontinued the facility since 2014

ajay tyagi, Sebi
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Sebi Chairman Ajay Tyagi. Photo: Kamlesh Pednekar

Press Trust of India Mumbai
Following NSE's submission of the latest forensic reports on the co-location issue, Sebi chairman Ajay Tyagi on Friday said the regulator is looking for a quick resolution of the matter.

"We will see how we proceed, but we want to resolve it (the case) as soon as possible," Tyagi told PTI on the sidelines of an event here.

The case relates to some brokers allegedly getting preferential access to NSE servers through co-location facility during 2011-14. The exchange discontinued the facility since 2014.

The issue took a different turn yesterday with the Income Tax department raiding some NSE brokers.

The