The Bombay Stock Exchange (BSE) on December 29, 2023, issued an addendum to Framework to address the ‘Technical Glitches’ in Member’s Electronic Trading Systems.
The RCA reports for all Technical Glitch incidents greater than 45 minutes, shall also be verified by an independent auditor appointed by the Member.
The Trading Members are required to submit a Root Cause Analysis (RCA) Report of the technical glitch to the Exchange, within 14 days from the date of the incident.
Furthermore, in the case of Technical Glitch incidents lasting more than 45 minutes, an independent auditor’s report on the RCA shall be submitted within 45 days of the incident.
[Notice No. 20231229-32]
