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Risk mgmt system robust: Bajpai

May 18, 2004 11:18 IST

Market regulator Securities and Exchange Board of India on Tuesday said the risk management systems at the stock exchanges are robust to withstand extreme volatility in the market and there will not be any problem in settlement of trades.

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"The systems have witnessed volatility but they are robust enough to withstand extreme situations," SEBI chairman G N Bajpai told PTI in Mumbai [ Images ] after a review meeting with senior regulatory officials and exchange representatives.

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