Erroneous price feeds for certain futures and options (F&O) contracts disrupted trading activity on Thursday, expiry day for weekly derivatives.
Several brokers cautioned investors and some halted trading in Bank Nifty contracts, the second-most traded index derivatives, citing irrational gap between ‘buy’ and ‘sell’ quotations.
“Due to an issue with the price feeds for Bank Nifty options received from the exchange, all market orders on Bank Nifty option contracts have been blocked. Please use limit or stop-loss orders,” read a notification sent out by Zerodha to its clients. The country’s largest broker in terms of active clients sent out several notifications to