India Exchange, Software Vendor Settle Dispute

india-flag-jpg1 — NSE and FTIL have settled a dispute that has run for more than two years.

- James Rundle
- 08 Aug 2011

The National Stock Exchange of India (NSE) and Financial Technologies (India) Limited (FTIL) have settled a long-running dispute over a trading platform.

This resolution compels NSE to provide FTIL's ODIN software with an application programming interface (API) for the currency segment of the market, as well as remove the program from its watch-list.

NSE placed FTIL–ODIN, a trading and risk management platform developed for currency futures, on its watch-list in 2009, and denied it an interface

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