CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SEBI has barred which stock exchange from securities market for 6 months on co-location case?
A
BSE
B
NASDAQ
C
NSE
D
London Stock Exchange
Explanation: 

Detailed explanation-1: -Latest Updates. SEBI had ordered the NSE to deposit nearly 11 billion rupees, including interest, in an investor fund and barred it from raising money on the securities market directly or indirectly for six months.

Detailed explanation-2: -In January 2015, a whistleblower wrote a complaint to SEBI, alleging that some brokers who leased space at the NSE co-location facility, were able to log into the NSE systems with better hardware specifications while engaging in algorithmic trading.

Detailed explanation-3: -$125 million gone: Sebi bans former owners of Chandamama from capital market for a year.

Detailed explanation-4: -In September 2021, the Securities and Exchange Board of India (Sebi) permitted stock exchanges to introduce a T+1 settlement cycle from January 1, 2022, on any of the securities available in the equity segment.

Detailed explanation-5: -The Securities and Exchange Board of India (Sebi) has slapped heavy penalties in a 2015 ‘dark fibre’ case that saw certain brokers exploiting the National Stock Exchange’s (NSE’s) internet infrastructure to get faster connectivity to its colocation (colo) facilities.

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