NSE suspends OPG Securities' membership for six months over unfair access

This is the first action taken by the exchange since the NSE co-location matter came into light

The National Stock Exchange (NSE) has suspended trading of Delhi- based technology firm OPG Securities for allegedly exploiting co-location server and gained unfair access while trading on NSE's algorithim trading platform.

The exchange has barred all the segments of OPG Securities including capital market, futures & options, and currency derivatives from September 29 to March 28, 2018.

Confirming the development, NSE spokesperson said: "OPG Securities will be suspended for six months as trading member of all segments of this exchange with immediate effect after observance of necessary formalities and any other prescribed procedural requirements. Communication to this effect has been issued to