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ABSOLUTE POWER - Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

Sucheta Dalal
4.26/5 (221 ratings)
In 1992, the Harshad Mehta scam led to profound changes in capital market regulation and infrastructure.

One of these was setting up the NSE as a cleaner alternative to the century-old, scam- and faction-ridden BSE. In a supreme irony, NSE itself got embroiled in the algo scam originating in the Exchange’s sanctum the co-location servers for high frequency trading.
Here is the whole story of NSE’s commercial success leading to arrogance and fall from grace, even as it continues to remain a highly profitable near-monopoly.
Format:
Pages:
294 pages
Publication:
Publisher:
Edition:
Language:
ISBN10:
8195190758
ISBN13:
9788195190751
kindle Asin:
B096G5Q25V

ABSOLUTE POWER - Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

Sucheta Dalal
4.26/5 (221 ratings)
In 1992, the Harshad Mehta scam led to profound changes in capital market regulation and infrastructure.

One of these was setting up the NSE as a cleaner alternative to the century-old, scam- and faction-ridden BSE. In a supreme irony, NSE itself got embroiled in the algo scam originating in the Exchange’s sanctum the co-location servers for high frequency trading.
Here is the whole story of NSE’s commercial success leading to arrogance and fall from grace, even as it continues to remain a highly profitable near-monopoly.
Format:
Pages:
294 pages
Publication:
Publisher:
Edition:
Language:
ISBN10:
8195190758
ISBN13:
9788195190751
kindle Asin:
B096G5Q25V