News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 3 years ago
Rediff.com  » Business » HDFC Sec halts cash trading on NSE for brief while over tech glitch

HDFC Sec halts cash trading on NSE for brief while over tech glitch

Source: PTI
March 01, 2021 11:49 IST
Get Rediff News in your Inbox:

Domestic brokerage HDFC Securities blocked trading in NSE's cash segment for its clients for a limited period due to a “technical glitch”.

Photograph: Danish Siddiqui/Reuters.

Largest bourse NSE, which had suffered a nearly four-hour trading halt last week, due to telecom connectivity issues, said all the operations across its platforms are “functioning smooth and normal”.

 

At 1001 hrs, HDFC Securities tweeted from its official handle, saying, “We have blocked trading in NSE cash due to a technical glitch. We request our customers to place cash orders on BSE. All other segments are working fine.”

Within 15 minutes, which saw a quick clarification from the NSE about its operations being normal, the domestic brokerage put out another tweet asking customers to place orders through NSE cash segment.

NSE's smaller rival BSE said there are no issues on fresh orders or square-offs at Asia's oldest stock bourse.

BSE's chief executive Ashishkumar Chauhan clarified that the statement was in response to brokers and investors reporting problems on Twitter on a “competing exchange” in the morning.

He added that no one has reported any problems in trading at BSE either on Monday or any day last week. 

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!