Tuesday, 11 July 2017

Trading halt was a black swan event: NSE Chairman

NSE chair man Ashok Chawla, in a letter to the workers of the exchange on Tuesday, termed the buying and selling halt on Monday as a "black swan event". "the day gone by's technical glitch is yet one more straw on the camel's back," Chawla stated.

buying and selling used to be halted for three hours at the us of a's largest stock alternate due to a instrument glitch.

The letter mentions NSE's challenges on the organisational entrance,stress over the legacy technology concerns, re-energising of members of the family with stakeholders across the spectrum from the regulator to shareholders.


He wrote: "The year FY 20162017 has been a year of many highs and lows for anybody at the nationwide inventory exchange. we've got done smartly financially and endured our robust market presence. these days i am writing to carry that we're indubitably passing via tough times however that we shall overcome."

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