Рет қаралды 115,798
Internet and Smartphones have changed the stock broking industry completely. Every broker has a trading app through which it facilitates trading. Traders install these apps on their smartphones and execute trades.
But these apps are not perfect and like any other software or app they are prone to technical glitches. So what happens when a glitch occurs? Obviously, traders suffer losses. But who should be held responsible for their loss or whom should they ask for remedy?
Should they raise their issue to the broker, SEBI or Exchange? We delved into laws made by SEBI. Exchanges and other bodies and tried to find answers. To our shock, a trader can not hold a broker responsible for a loss due to a tech glitch in his trading app.
In fact, when a trader signs an onboarding contract broker, it explicitly mentions that it can not provide trading services round the clock and a trader can not raise a claim of a refund even in courts of law.
The worst thing is there is no mechanism to protect a trader’s interest in case a technical glitch occurs in its trading app.
We have collated various technical glitch incidents and actions taken by regulatory bodies in the aftermath and what is the way forward.
Watch the full video to know more.
Broking app technical glitch, zerodha tech glitch, upstoc broking app, mstock broking app glitch,NSE circular on tech glitch,
Join the Fraud Free Awareness Program NOW: aseemjuneja.in/fraud-free-awa...
Follow us on our Social Media handles:
Download our Stock Pathshala App:
bit.ly/3rg2h0h
Instagram - bit.ly/adb_insta
Twitter- bit.ly/adb_twt
Facebook- bit.ly/adb_fb
LinkedIn- bit.ly/adb_linkdin
🎧 Listen to Our Podcast on Spotify:
spoti.fi/3JnpmSQ
🎥Subscribe to our Stock Market Learning Channel:
bit.ly/sp_ytube
🎥Subscribe to our Vlog Channel
ADB Vlog - bit.ly/adb_vlog
✅Visit Our Website
www.adigitalblogger.com/
00:00 Intro
01:25 Robinhood Tech Glitch Case
02:44 Type 5 Complaints Against Brokers
04:19 Tech Glitch in Zerodha
05:26 Tech Glitch in Finvasia
06:54 Tech Glitch in MStock
08:00 NSE Tech Glitch
09:00 SEBI's Solution of Exchange Glitch
11:40 Can Traders Hold Brokers Responsible For Glitch
13:24 Investor Risk Reduction Access Platform
15:00 Way Forward Against Tech Glitches