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Google News: Taking stock after India's flash crash
[Financial Times (blog)] - Ravi Varanasi, head of business development at NSE, told the FT on Friday the exchange “will probably have to look at the 20 per cent level… we will examine the matter and take it up with regulators”. Bloomberg reports that the Indian exchanges did
Emkay loses Rs60 crore in flash crash
www.dnaindia.com
[Daily News & Analysis] - Ravi Varanasi, head - business development at NSE, said the brokerage was asked to close out its positions arising out of erroneous trades, which it did soon after. “There is no question of any glitch or malfunctioning in NSE's systems. The broker's
Sebi probes NSE flash crash
timesofindia.indiatimes.com
[Times of India] - Ravi Varanasi, head-business development, NSE, was quoted in a statement as saying that the circuit filter was triggered at 10% and the cash market was stopped, but the orders that were already in the system were executed in the next few seconds.
NSE crash: Rs3 lakh crore gone in 15 mins
www.dnaindia.com
[Daily News & Analysis] - “The idea was to keep the market going, not create panic by halting trade for an hour,” said Ravi Varanasi, head-business development at NSE. The market was reopened by the exchange with a pre-open phase at and trading resumed at
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