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What is the story about?
Financial technology and data provider London Stock Exchange Group's foreign exchange trading platform was facing technical issues in India on Monday, five traders told Reuters.
Traders highlighted issues with trade execution on the interbank order matching system, restricting their ability to transact on the spot dollar/rupee trading platform.
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LSEG is among the few entities other than banks that are authorised by the Reserve Bank of India to operate an electronic trading platform for transactions in the spot foreign exchange market.
LSEG did not immediately respond to a Reuters email seeking comment.
LSEG is a leading global financial infrastructure and data provider. We play a vital social and economic role in the world's financial system.
Traders highlighted issues with trade execution on the interbank order matching system, restricting their ability to transact on the spot dollar/rupee trading platform.
Also Read: Sun TV rises nearly 4% as IPL valuation optimism outweighs weak Q3 performance
LSEG is among the few entities other than banks that are authorised by the Reserve Bank of India to operate an electronic trading platform for transactions in the spot foreign exchange market.
LSEG did not immediately respond to a Reuters email seeking comment.
LSEG is a leading global financial infrastructure and data provider. We play a vital social and economic role in the world's financial system.
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