“India has joined the big league with this trading disaster,” said A.S. Thiyaga Rajan, a senior managing director at Aquarius Investment Advisors, in the report. “It’s very surprising so many erroneous orders went through. Exchanges and regulators must be one step ahead as systems and technologies upgrade.”
Indian stocks recovered after the erroneous orders were cancelled. India’s National Stock Exchange blamed the plunge on human error, the Financial Times reported.
WisdomTree India Earnings Fund ETF
