Some brokers gained unfair access to NSE systems for algo trading: Govt
"The architecture of NSE with respect to dissemination of Tick-by-Tick through Transmission Control Protocol (TCP) or Internet Protocol (IP) was prone to manipulation or market abuse," Minister of State for Finance Arjun Meghwal said in written reply to Lok Sabha.
Sebi had constituted an expert committee to examine the allegations of unfair privilege access given by NSE to some brokers for its 'algo' trading. Photo: Reuters