Tech outage: Exchanges say business as usual, some brokers face issues

Quick Summary:

As only a few clients were impacted, the brokers did not raise a request for the Investor Risk Reduction Access (IRRA),” said an industry official.

However, on a systemic basis, the back end remained smooth for others and there was not much impact on the overall market participants.

NSE cash segment clocked turnover of Rs 1.35 trillion on Friday against this month’s average of Rs 1.39 trillion.

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Article Details

Category: BusinessFinance

Markets: IndiaSingapore

Topics: Market volumes National Stock Exchange BSE Brokerage firms Trading platforms Cybersecurity Tech outage CrowdStrike Investor Risk Reduction Access

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 19:30:21 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21684632

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