The National Stock Exchange (NSE) warned trading members against trades arising from orders placed at “unrealistic prices”, which the bourse said is leading to aberrations in the normal price discovery process.
“Members are strictly advised to desist from entering orders or executing transactions which, prima facie, appear to be non-genuine on their own account and/or on behalf of their clients and refrain from indulging in practices which lead to aberrations in the order book,” the exchange said in a circular.
The warning comes close on the heels of a fat-finger trade that got executed in the derivatives segment on Thursday.
The NSE has