From Livemint.com: The NSE has developed a new trading application, NOW, which connects its trading members to the exchange through the Internet. The National Stock Exchange (NSE) has developed a new trading application, NOW, which connects its trading members to the exchange through the Internet.
The new application has a host of additional features compared with NSE’s previous offerings, NEAT and NEAT PLUS, especially to do with risk management at various levels for a trading member. These include setting trading limits, disallowing trades in certain securities and automatically closing positions of clients who fall short on margins..... Full Article: Source
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