HFT backlash ramps up pressure on India's regulator

Mumbai

INDIA'S markets regulator is coming under increased pressure to improve its oversight of high-speed trading after allegations of unfair access at the nation's biggest equity bourse.

The country's top brokerage associations are among a growing chorus of voices calling for the Securities and Exchange Board of India (Sebi) to take action after an investigation by one of its own advisory panels claimed that there may have been collusion between the National Stock Exchange of India Ltd (NSE) and a high-frequency trading (HFT) firm.