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India: NSE upgrades software (490).
Deeptha Rajkumar
MUMBAI, Aug. 28
THE National Stock Exchange (NSE) has upgraded its software for performance improvement at its end to enable its trading members to keep a check on their gross exposure margins.
Even as the stalemate between SEBI and NSE continues on the issue of rationalising the latter's gross exposure margin, the exchange in itself is taking steps to increase its member comfort.
The exchange conducted a two-hour mock trading session between 10.30 am and 12.30 pm on Saturday to verify member response to the software change.
At present, a trading member receives a warning message only on his corporate terminal, …
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