Resolving regulatory probe of NSE top priority: CEO Limaye
The new CEO of National Stock Exchange (NSE) Vikram Limaye has said his immediate priority is to resolve a probe from market regulator SEBI about whether NSE employees provided unfair access to co-location servers to select brokers. Co-location servers are placed at exchanges to speed up algorithmic trading. Notably, the probe has delayed the initial public offering of the NSE.