NSE settles Rs 643 crore payment with SEBI - Details
India's NSE pays $76.5 million to settle algo trading software case
The National Stock Exchange of India has paid 6.43 billion rupees ($76.5 million) to settle a case related to unfair access to its algorithmic trading software, India's markets regulator said on Friday.
NSE, former chief Vikram Limaye, others settle TAP system case with SEBI, pay ₹643 crore
SEBI approves ₹643 crore settlement in NSE case involving unfair advantage for high-frequency traders, former executives implicated.
NSE Settles Decade-Old Case With SEBI, Pays ₹643 Crore Settlement
A decade old case was resolved by former National Stock Exchange (NSE) chief Vikram Limaye and eight others with market regulator SEBI for alleged bypass of trading access point (TAP) system by certain brokers with payment of Rs 643 crore settlement.
NSE pays Sebi Rs 643 crore to settle TAP system misuse case
NSE TAP was introduced to monitor the number of orders that a broker sends to the stock exchange so that it could charge them a transaction fee. The TAP sends orders from a number of servers to the stock exchange.
NSE, former chief Vikram Limaye, others settled TAP system case with Sebi; pay Rs 643 cr
The National Stock Exchange (NSE), its former chief Vikram Limaye and eight others on Friday settled with markets regulator Sebi a case, pertaining to alleged failure to address the bourse's TAP (trading access point) system deficiencies,
NSE, former CEO Vikram Limaye to settle TAP misuse case with SEBI for ₹643 crore
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NSE, Vikram Limaye settle TAP misuse case with Sebi, pay Rs 643 crore
The exchange had filed a settlement application before the regulator first in 2023 and then a revised application in August 2024
Sebi passes settlement order in Trading Access Point case, NSE remits Rs 643 crore to regulator
Sebi has disposed off proceedings against NSE and other applicants in the TAP architecture and network connectivity case.
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The Securities and Exchange Board of India on Friday approved a ₹643-crore settlement—the largest in Sebi’s history—in a case ...
India's NSE pays $76.5 mln to settle algo trading software case
The National Stock Exchange of India has paid 6.43 billion rupees ($76.5 million) to settle a case related to unfair access ...
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