Following regulatory actions : Step to protect investors against stock market crash ( like 15% fall in just few seconds in last month )

IMP-ost : 26th Nov, 2012

www.i-securesolutions.in : Following Regulatory action

On 15% crash in stock market just in seconds !!!

Steps to protect investors against stock crash soon: Sebi

Last month, the National Stock Exchange witnessed 'flash crash', when the Mumbai-based brokerage Emkay Global Financial Services sent the exchange index tumbling as much as 15.5 per cent in just a few seconds, creating a panic among traders.

The crash was the result of erroneous trades worth $126 million, placed by Emkay Global.

"We are going to take some measures so that there is some pre-check in orders, in pricing and there are some other checks also introduced.

Read full article at :
http://www.rediff.com/business/report/steps-to-protect-investors-against-stock-crash-soon-sebi/20121123.htm