With NSE shut down, brokers face traders’ ire
February 24, 2021
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‘The NSE has not even communicated to us properly about the nature of the problem and when trading will resume’
Brokers feel that the breakdown on the NSE is unfortunate and most of their clients are very upset. “With monthly contracts on F&O expiring tomorrow, most of the clients either close down or roll-over their positions in the last two days. With today’s trading being almost wiped out, traders, whose positions are making losses, are the most upset and vent their anger at us,” said a Mumbai-based broker.
“What upsets us is that the NSE has not even communicated to us properly about the nature of the problem and when trading will resume,” another leading broker from the South said. “We are forced to face clients’ ire directly and are unable to convince some of them,” he added.