Op risk data: Low latency, high cost for NSE
Also: Brahmbhatt fraud hits BlackRock, JP Morgan slow to shop dubious deals. Data by ORX News
The National Stock Exchange of India is provisioning $157.7 million to settle allegations by the Securities and Exchange Board of India that it allowed clients to gain an unfair trading advantage, constituting November’s largest operational loss. Sebi’s sanctions also extend to barring the NSE from accessing the securities market for six months. The regulator alleged the NSE had allowed certain
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