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India Regulator Proposes Changes to Closing Auction After Swings

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India Regulator Proposes Changes to Closing Auction After Swings India’s markets regulator proposed an overhaul of the closing auction session after sharp swings and concentrated derivatives activity around the new mechanism raised concerns among market participants. The Securities and Exchange Board of India released the proposals, which include changes to the way derivative settlement prices are determined, in a consultation paper on Saturday, weeks after the closing auction system was...

India Regulator Proposes Changes to Closing Auction After Swings India’s markets regulator proposed an overhaul of the closing auction session after sharp swings and concentrated derivatives activity around the new mechanism raised concerns among market participants. The Securities and Exchange Board of India released the proposals, which include changes to the way derivative settlement prices are determined, in a consultation paper on Saturday, weeks after the closing auction system was introduced.
India Regulator Proposes Changes (ORG) India (LOCATION) The Securities and Exchange Board of India (ORG)
Originally published by Bloomberg Markets Read original →