Mumbai : With a major ‘glitch’ causing nearly four-hour trading halt at the New York Stock Exchange (NYSE), regulator Sebi and stock exchanges here have initiated an urgent review of the overall risks management and disaster recovery systems of the Indian markets, reports PTI.
Top officials said the systems here are already being upgraded constantly to tackle any unforeseen circumstances but it was decided to take a stock of the situation on Wednesday night itself when first reports began coming in about the NYSE case.