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More NSEL: Adani Rumours, Brokers Palm off Exposure, SEBI Asks for Cross-Impact

More NSEL News. Please bear with me, this is a very big event and can have mega-implications for all investors. Adani group stocks were beaten down today on ...

FMC Shows Gazette Notifications Freeing NSEL from its Regulation, But Can’t Claim Hands Chained

The Forward Markets Commission has presented three gazette notifications that specifically rule out exchanges like NSEL from its jurisdiction. These are ...

Big Investors Lose 400 cr. as FT Crashes 65%. Who Lost What?

Financial Technologies (FT) lost over 1,600 cr. in market cap today. The impact will be felt by many, including many of us who indirectly own stakes through ...

FinTech Down 60% on Fears of NSEL Default

Financial Technologies is down 60% in trade today. The company owns a good chunk of broker infrastructure products (such as ODIN) and stakes in three exchanges ...

The Housing Bubble in India Continues, Some Corrections Visible

RBI has released the latest data for their House Price Index and it looks like the mad pace of real estate price growth has mellowed, but only slightly. Price ...

IIB Auction Fails: No Bids Accepted

Remember Inflation Indexed Bonds? They’re back. Oh, wait, they’re not. RBI thought they’d sell 1,000 cr. of bonds today. They even got underwriters and ...

Defaults Galore Worldwide, Tide Turns, Sea Rough for India

Moody’s sees China Defaults as $21 Billion Matures (Bloomberg) Local-government financing vehicles need to repay a record amount of debt this year, prompting ...

You Can’t Trick an Algorithm, says UK regulator

Michael Corsia, a High Frequency Fund trader, was fined $903,176 by the UK regulator for “manipulating” Oil futures by putting in large orders just to ...

Currency Derivatives Trading Hits 38,000 cr. per day in June 2013

When you were not watching, the NSE currency derivatives market has gone absolutely berserk. With more than 38,000 cr. ($6 billion now) being traded daily ...

RBI Bans Banks from Prop Trades in Exchange Futures, SEBI Doubles Forex Margins

The Reserve Bank of India (RBI) has decided that it is important, in the light of a falling rupee, that the problem can be solved even partially by stopping ...