What you need to know about the NSE co-location issue
Sebi directed the National Stock Exchange to disgorge Rs 625 crore, along with interest at 12 per cent per annum since 2014, for lapses at its co-location facility
Sukanya Roy New Delhi
 "NSE")
The stock market regulator has asked India’s largest stock exchange by traded volume NSE to pay over Rs 1000 crore over a scandal which allowed some brokers to make money through gaining preferential access to the stock exchange servers.
A look at the exchange disclosures shows that it has provided for nearly Rs 2000 crore as provisions, pending directions from the Securities and Exchange Board of India (Sebi).
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Topics :NSE co-location
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First Published: May 01 2019 | 2:29 PM IST
