![]() ![]() "Brokers had no option but to square off their clients' positions., otherwise they would have had to face a margin requirement," said Shriram Subramaniam, a corporate governance expert and founder of proxy advisory InGovern. While the episode has put Zerodha and some other brokerages at the centre of a firestorm, market experts say NSE was more to blame and brokers have their hands tied in such situations.
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