Why India’s New Closing Auction Is Agonizing Traders: Q&A
India’s newly introduced auction-based system to determine end-of-day prices for over 200 stocks continues to produce unexpected swings nearly a month after its launch.
By Samie Modak and Savio Shetty · Bloomberg Markets
India’s newly introduced auction-based system to determine end-of-day prices for over 200 stocks continues to produce unexpected swings nearly a month after its launch.