Tech Glitches: An Uncalculated Market Risk?

Remember the market chaos during the last election? A massive upswing after the exit polls, followed by the biggest plunge in four years. Investors rushed to capitalise on the dip, but a technical glitch delayed transactions, causing missed profit opportunities. Imagine your screen freezing during a critical trade, or not being able to access your demat account when the market is volatile. Market glitches like these, while not frequent, can lead to losses worth hundreds of crores and impact discount brokers to full-scale brokers, and even commodity traders at MCX, which faced a four-hour outage in February. In today’s episode, we delve into the causes and impact of these glitches. Are they a Dalal Street peculiarity or a global phenomenon? Has the regulator noticed, and what actions are being taken? Join Anirban Chowdhury and Nikhil Agarwal as they discuss these issues with NSE's former CTO Sankarson Banerjee and ⁠Sivakumar Jayachandran, Founder & CEO, Oi Pulse & 1Cliq.  Tune in to The Morning Brief to understand the hidden risks of market trading! Check out other interesting episodes like: How Nvidia Became the World’s Most Valuable Company, Gold is Old: How Rich Indian Women Invest Now, Hyundai’s Mega IPO, India's Big Bond Breakthrough and more! You can follow Nikhil Agarwal on his social media: Twitter and Linkedin You can follow our host Anirban Chowdhury on his social media: Twitter & Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn,  Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.