NSE co-location case: ED investigation likely to conclude next month

Widens ambit to also look at the recent technical glitch that halted NSE trading for hours

The Enforcement Directorate (ED) has expedited the money laundering probe in the National Stock Exchange (NSE) co-location (Co-lo) case after the government recently sought a detailed report from the federal agency. The report is expected to be finalised within a month.

The move comes at a time when the finance ministry is keeping a close watch on the exchange’s recent trading glitch — one of its worst outages — that jeopardised the interests of many market participants. The enforcement agency, too, is learnt to be looking at the glitch issue along with the Co-lo case.

“There has been substantial development in the