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NSE to challenge claims of unfair access at its venue

Nse,high-frequency Traders Case

Santanu Chakraborty  |  Mumbai 

The National Stock Exchange of India Ltd (NSE) will in the coming weeks submit a detailed report to its regulator to challenge claims that high-frequency traders gained unfair access at its venue, according to people with knowledge of the matter. The NSE's letter, a response to a regulatory committee's conclusion that there may have been improper practices at the exchange, will argue that it broke no rules, the people said, asking not to be identified as discussions are private. NSE will contend that the technical advisory committee appointed by the Securities and Exchange Board of ...

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First Published: Mon, April 25 2016. 22:43 IST