Trade settlement is the process of transferring securities and funds between buyers and sellers after a trade is executed. The shorter the settlement cycle, the faster investors can access the securities and funds. Currently, the Indian stock market operates on a T+1 settlement cycle for all scrips.
BSE questions NSE conduct after glitches halted trading
NSE has been accused of inefficiency, poor communication and a general apathy towards the plight of market participants after the glitchPremium
4 min read
Share Via
Read Full Story
After the unprecedented trading halt on 24 February, the National Stock Exchange (NSE) has been accused of a number of things, including inefficiency, poor communication and a general apathy towards the plight of market participants.
The gravest charge came from rival BSE, which said: “It was anti-competitive and unethical on the part of NSE Clearing Ltd (NCL) to stop its operations to preserve NSE’s monopoly and hold the market to ransom.