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Sebi gets cracking, sets new rules to prevent flash crashes

Dec 14, 2012

Sebi gets cracking, sets new rules to prevent flash crashes

Under Sebi's new guidelines, stock exchanges will not be able to accept single orders for stocks, equity derivatives or exchange traded funds of more than Rs 10 crore. #SEBI #MarketWatch #Emkay Global #flash crashes
Sebi begins probe in Nifty's flash crash; NSE blames Emkay Global

Oct 05, 2012

Sebi begins probe in Nifty's flash crash; NSE blames Emkay Global

NSE has claimed there were no technical glitches in its system and the crash was due to 'erroneous' trade orders worth over Rs 650 crore by Emkay Global, which has been now disabled by the bourse for trading. #nifty #SEBI #NSE #MarketWatch #flash crash

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Sebi begins probe in Nifty's flash crash; NSE blames Emkay Global

Sep 17, 2014

Truck firm faces paying millions in Amtrak crash

(AP) -- A Nevada trucking company could be forced to pay more than $5.7 million if a judge formalizes a jury verdict that faulted one of its drivers for a fiery 2011 crash with an Amtrak train that killed six people and injured dozens. A federal jury... #California #Nevada #Union Pacific #John Davis #Amtrak #Reno, Nevada
Sebi begins probe in Nifty's flash crash; NSE blames Emkay Global

Sep 11, 2014

Another Flash Crash or Market Shutdown?

My weekend reading got me thinking about 1987. I read that the percentage of bullish advisors has not been this high since 1987. The percentage of bullish advisors is usually a contrary indicator: when a large majority become bullish, a downturn can ... #CNBC #NYSE #New York Stock Exchange
Sebi begins probe in Nifty's flash crash; NSE blames Emkay Global

Sep 11, 2014

Semi driver killed trying to stop for fire truck in St. Cloud

A semi-truck driver was killed in a freak accident as he tried to stop for a fire truck. Witnesses wonder if he had enough of a warning. The 32-year-old semi driver slammed on the brakes so hard that beams on the trailer came crashing through the cab... #CNBC #NYSE #New York Stock Exchange