Options Soar 4,000% in 15 Minutes in Wild India Auction

Bloomberg Markets Friday 28 August 2026, 11:03 UTC 1 min read

Key Points

India’s new closing-auction system was meant to improve end-of-day prices. In the options market, however, the mechanism is producing extreme swings that are creating and wiping out gains in minutes.

India (LOCATION) Bloomberg (PERSON)

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Options Soar 4,000% in 15 Minutes in Wild India Auction

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