New Delhi: On Tuesday NSE chairman Ashok Chawla, in a letter to the staff of the exchange, termed the trading halt on Monday as a “black swan event”.
Chairman has also conveyed that, yesterday’s technical fault is one more straw on the camel’s back. Exchanging was ended for three hours at the nation’s biggest stock exchange because of a software glitch.
The letter mentions NSE’s difficulties on the authoritative front, stress over the heritage innovation issues, re-invigorating of relations with partners over the range from the controller to investors. He stated that “The year FY 20162017 has been a time of numerous highs and lows for every one of us at the National Stock Exchange.
We have done well monetarily and proceeded with our hearty market nearness. Today I am writing to pass on that we are probably going through troublesome circumstances however that we might overcome.”