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Page 3 - Nse Colocation Case

A rejoinder

Colocation facilities were offered by NSE to the brokers from 2010 onwards

A rejoinder
Updated On : 02 Mar 2022 | 3:30 PM IST

Eminent yes men behind NSE

Don't forget, the NSE scam and its abuse of power happened under the gaze of three successive Sebi chairmen, the worst happening under C B Bhave and U K Sinha

Eminent yes men behind NSE
Updated On : 27 Feb 2022 | 11:24 PM IST

CBI questions ex-NSE CEO Ravi Narain over abuse of colocation facility

Narain appeared before the federal agency in Delhi on Saturday and he may be called again for further questioning

CBI questions ex-NSE CEO Ravi Narain over abuse of colocation facility
Updated On : 20 Feb 2022 | 6:25 PM IST

Regulators should be accountable for delay/laxity in indicting wrongdoers

The scandal at the very top of the National Stock Exchange shows it's a systemic failure which must be rectified quickly

Image
Updated On : 19 Feb 2022 | 9:06 AM IST

Sebi penalises two brokers in NSE colocation case

Sebi order says they continuously tried to log into the secondary server of NSE for faster access

Sebi penalises two brokers in NSE colocation case
Updated On : 17 Feb 2022 | 12:34 AM IST

NSE co-location case: Sebi fines Adroit Financial, Silver Stream Equities

Sebi imposed a penalty of Rs 6 lakh each on Adroit Financial Services and Silver Stream Equities for flouting norms with respect to using National Stock Exchange's co-location facility.

NSE co-location case: Sebi fines Adroit Financial, Silver Stream Equities
Updated On : 16 Feb 2022 | 9:28 PM IST

Sebi penalises trading member for flouting norms in NSE co-location case

Capital markets regulator Sebi on Wednesday imposed a penalty of Rs 3 lakh on Master Capital Services Ltd for flouting norms with respect to using National Stock Exchange's co-location facility. In its order, Sebi said the broker has connected to the secondary server connection roughly on 81 per cent or 256 days out of total around 317 trading days in the F&O segment during the period 2013 and 2014 (till April 7, 2014) even after emails from NSE. Therefore, Master Capital Services Ltd (MCSL) has violated the provisions of the NSE bye-law and code of conduct specified under stock brokers' rule, it added. NSE co-location team had sent an email in December, 2011 to MCSL, which stated that "members are not supposed to connect to secondary server until exchange intimates to do so". Further, the members can move to secondary source in case of non-availability of data from TBT (tick-by-tick) primary source, the email mentioned. Secondary server was provided by NSE in order to enable .

Sebi penalises trading member for flouting norms in NSE co-location case
Updated On : 29 Sep 2021 | 7:41 PM IST

Parliamentary panel, Sebi likely to discuss action in key cases

Franklin Templeton fiasco, brokers' default, outcomes of IL&FS & DHFL may be taken up during today's meet

Parliamentary panel, Sebi likely to discuss action in key cases
Updated On : 06 Sep 2021 | 6:08 AM IST

NSE co-location case: Sebi slaps Rs 6 lakh fine on Parwati Capital Market

Capital markets watchdog Sebi on Monday imposed a penalty of Rs 6 lakh on Parwati Capital Market Pvt Ltd in the NSE co-location case

NSE co-location case: Sebi slaps Rs 6 lakh fine on Parwati Capital Market
Updated On : 30 Aug 2021 | 8:13 PM IST

Sebi fines NSE and two former CEOs in co-location case, drops fraud charges

Exchange made to shell out Rs 1 cr, former heads told to cough up Rs 25 lakh each

Sebi fines NSE and two former CEOs in co-location case, drops fraud charges
Updated On : 10 Feb 2021 | 11:51 PM IST

Top events today: Wholesale inflation, Iran foreign minister visits India

From the beginning of nomination process for Delhi Assembly elections to the verdict on Muzaffarpur shelter home case, Business Standard brings you the top events of the day

Top events today: Wholesale inflation, Iran foreign minister visits India
Updated On : 14 Jan 2020 | 7:27 AM IST

Sebi exonerates NSE's former CTO, 2 others in co-location case

Regarding the brokerage firm, Sebi said it was the responsibility of Way2Wealth Brokers to ensure that Sampark had requisite license to carry out such activity

Sebi exonerates NSE's former CTO, 2 others in co-location case
Updated On : 01 Nov 2019 | 10:12 PM IST