Showcase or show-cause?

Last month, Sebi issued show-cause notices to the NSE in a case pertaining to unfair access

Showcase or show-cause? Last month, capital market regulator Securities and Exchange Board of India (Sebi) issued show-cause notices to the National Stock Exchange (NSE) in a case pertaining to unfair access. Sebi has been probing the algorithmic-trading practices and policies of the NSE for almost two years now and is likely to make a decision soon. The case might have been on Sebi Chairman Ajay Tyagi’s (pictured) mind as he was delivering a speech during an event at Gift City in Gandhinagar. “Gift City provides us the opportunity to show-cause India’s competitiveness in financial markets,” he said, using the word