HDFC Securities hit by glitch in cash segment orders in NSE

NEW DELHI: Leading stock exchanges NSE and BSE on Monday said all their operations are functioning in a normal manner after HDFC Securities flagged that confirmations were not received for orders placed in the NSE cash segment due to a "technical glitch".

After mentioning about the technical glitch in a tweet at 10.01 am, HDFC Securities, at around 11.53 am, issued a statement saying the issue "got resolved at 9.50 am" and that investigation is going on to find out the root cause.

An NSE spokesperson said that all the operations on its platforms were "functioning smooth and normal".

At little past 10.10 am, BSE tweeted that there was no issue on fresh orders or square-offs at the exchange. "... all segments working fine statement was given in response to brokers and investors reporting the problem on twitter on a competing exchange today morning. No one has reported any problems in trading at @bseindia today or last week any day," BSE CEO Ashish Chauhan tweeted.

HDFC Securities said there was a technical glitch due to which confirmations for orders placed in the NSE cash segment were not received and that the issue has been resolved. It also added that the matter is being investigated to find out the root cause.