New Delhi, May 10 -- A number of clients have not received their payouts for trades executed last Tuesday , at the expiry of the Nifty weekly options .
The payouts were stopped on a police complaint filed by a client based in Jodhpur against a broking firm's franchisee that the latter was running fraudulent and unauthorised transactions in his account , according to a market source whose payout has been held back.
An exchange official was not immediately available to confirm this .
Payout refers to the transfer of funds from one broker's account to another whose clients were part of a transaction .
The payout was halted by the NSE following instructions from its enforcement authority (EA).
The NSE said in a circular on 6 May that it ...
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