People,
If your broker is live on NSEL, National spot exchange Ltd, guess time to be careful.
6000 crore of option positions on the exchange and exchange has only 200 crores in settlement guarantee fund. Exchange has stopped payout, so the risk will eventually come back to the brokerage.
The big ones will be able to absorb, the small ones may not..
If your broker is live on NSEL, National spot exchange Ltd, guess time to be careful.
6000 crore of option positions on the exchange and exchange has only 200 crores in settlement guarantee fund. Exchange has stopped payout, so the risk will eventually come back to the brokerage.
The big ones will be able to absorb, the small ones may not..