A fat-finger error led exchanges to tighten oversight of OFS orders; brokers asked to plug gaps
The advisory assumes significance as institutional OFS orders can be of substantial size, making robust internal controls and monitoring mechanisms critical to preventing operational lapses and ensuring the orderly execution of transactions.
The advisory assumes significance as institutional OFS orders can be of substantial size, making robust internal controls and monitoring mechanisms critical to preventing operational lapses and ensuring the orderly execution of transactions.
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