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The National Spot Exchange Limited: The Sordid Saga
(Indian Institute of Management, Ahmedabad, 2014)
Exchanges are designed to be default tolerant. They function in a manner whereby, the exchange is counter-party to all transactions. As a result, a transaction is always consummated even if either the buyer or the seller ...
Budget 2014: long on intent, short on specifics
(2014-07-11)