News:The National Commodity and Derivatives Exchange(NCDEX) has tied up with National Stock Exchange(NSE) to launch India’s first agri index ‘NCDEX Agridex’. Facts: About Agridex: The index represents a basket of ten commodities that are selected based on both liquidity and its importance in Indian and global commodities market. The index will be made tradable after… Continue reading NCDEX ties up with NSE Indices to launch AGRIDEX
Tag: NSE
Co-location: NSE knocks on SAT’s door
National Stock Exchange of India(NSE) has challenged co-location orders of the Securities and Exchange Board of India(Sebi) before Securities Appellate Tribunal(SAT). The order was challenged on the grounds that it is unsustainable, arbitrary and disproportionate order.NSE has alleged that Sebi orders have not shown that any trading member got any advantage because of preferential access.… Continue reading Co-location: NSE knocks on SAT’s door
NSE fined ₹1,000 crore in co-location case
Securities and Exchange Board of India(SEBI) has barred National Stock Exchange(NSE) from raising money on securities markets for six months and has also fined NSE Rs 1000 crore under NSE co-location scam. Under the NSE co-location facility,trading members can place their servers in the exchange’s data centre,where they get faster access to the price feed,helping… Continue reading NSE fined ₹1,000 crore in co-location case
