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BSE questions NSE conduct after glitches halted trading
NSE has been accused of inefficiency, poor communication and a general apathy towards the plight of market participants after the glitchPremium
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After the unprecedented trading halt on 24 February, the National Stock Exchange (NSE) has been accused of a number of things, including inefficiency, poor communication and a general apathy towards the plight of market participants.
The gravest charge came from rival BSE, which said: “It was anti-competitive and unethical on the part of NSE Clearing Ltd (NCL) to stop its operations to preserve NSE’s monopoly and hold the market to ransom.