NSE shutdown for almost 5 hours because of glitch in online risk management
The National Stock Exchange of India (NSE) shutdown all trading on Wednesday 24th February due to a technical glitch of unavailability of online risk management system. This halt was for almost 4 hours beginning from 11:40 AM (IST).
In a press release, NSE emphasized that the instability of links from the telecom service providers influenced the online risk management system.
NSE yesterday received communication of instability of all their links from both the telecom service providers. While there was no impact to the trading system, this instability had an impact to the online risk management system, also configured in a High Availability mode.
— NSEIndia (@NSEIndia) February 25, 2021
“NSE has multiple telecom links with two service providers to ensure redundancy. We have received communication from both the telecom service providers that there are issues with their links due to which there is an impact on NSE system,” NSE tweeted.