According to this article SEBI is planning to delist several illiquid stocks(4200) from the Indian stock market. India has a large number of stocks listed in the stock exchanges but almost no trading ever happens in quite a lot of them. And some of these stock are used for illegal transactions. I think this is … Continue reading Algo trading and delisting of illiquid stocks
This article on mint talks about the response of NSE on allegations about which I have written in this blog here. NSE in its response has completely refuted all allegations against it that it favored few brokers over others. "“NSE’s response is rather comprehensive; they have refuted allegations of collusion. They have highlighted that they did … Continue reading NSE controversy – Part 2
This article talks about a financial fraud which didn't receive much coverage in the main stream media. Some more coverage can be found here. I have covered the functioning of an RTA in my other article here. However RTA can in general also provide service to companies instead of just mutual funds discussed in the … Continue reading RTA scam
This article says that SEBI is contemplating introduction of measures to reduce the advantages of High Frequency traders. "The regulator is also exploring the possibility of order randomization to limit the advantages enjoyed by these entities which have a speed advantage over others. All the orders received within a set period (for example: two seconds) would … Continue reading SEBI looking to reduce algo-trading advantages
This article in mint talks about how NSE provided OPG securities unfair access to market data. With high frequency and algo trading increasing day by day in India even a split second of advance access to data can result in unfair advantage.