NSE settles TAP architecture case with ₹643 crore penalty to SEBI
Sun, Oct 6, 2024 5:23 PM

NSE settles TAP architecture case with ₹643 crore penalty to SEBI

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The National Stock Exchange of India Ltd (NSE) has reached a settlement with the Securities and Exchange Board of India (SEBI) regarding its Trading Access Point (TAP) Architecture and Network Connectivity case. The NSE will pay a  penalty of ₹643 crore (₹6,43,05,30,000) to resolve allegations that some high-frequency stock traders were manipulating the system.

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