CAUTION for Investors from NSE - DO NOT subscribe to any scheme, product offered by THESE entities

CAUTION for Investors from NSE: It's an important note from National Stock Exchange of India (NSE). A caution for investors has been issued by the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2021. 

NSE in a statement issuing 'Caution for Investors' said, "It has been brought to the notice of the Exchange that an entity named “RDQ Tradingswala Technologies Limited” and one person associated with it namely “Swapan Nayak” is collecting funds from the public through an assured/ guaranteed return scheme/s."

Further, the statement added, "It may be noted that the said entity named “RDQ Tradingswala Technologies Limited” is not registered either as a member or as an authorized person of any registered member of the National Stock Exchange of India Limited, however, found to be associated with a registered trading member “RDQ Stock Broking Private Limited” and its director “Mr. Swarnendu Jana”." 

Moreover, NSE said, "Investors are cautioned and advised not to subscribe to any scheme/ product offered by these or any entities/ individuals offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law."