What do you expect to happen in the stock market both short-term and long-term?
Context:
Is there any circular/notice by SEBI OR declaration by NSE on penalty? I think Every news publisher is mentioning penalty amount according to their convenience. I’ve read 15.76 crore, 36 crore, 626 crore,1000 crore and 1300 crore penalty imposed by SEBI on NSE in different news portals. Don’t know which one is correct:thinking:
They say it’s for not equally distributing HFT technology to all the members. Is it true? Was there any scam really? I think even Zerodha doesn’t give full Algo trading to its clients, are you ? @nithin @siva
Nithin answered it here, can check that, algo trading and HFT are different, even BO comes under algo.
Media over-hyped it, penalty is around 60 cr as I know, and barring it means NSE is not allowed to access capital markets to raise funds via through IPO or through NCD’s, that’s it, operations will be as usual.