Why India’s New Closing Auction Is Confusing Traders: Q&A

Why India’s New Closing Auction Is Confusing Traders: Q&A

India’s two equity bourses — the National Stock Exchange of India Ltd. and BSE Ltd. — introduced on Monday an auction to determine the closing price of more than 200 stocks with derivatives contracts, replacing a decades-old methodology.

India’s two equity bourses — the National Stock Exchange of India Ltd. and BSE Ltd. — introduced on Monday an auction to determine the closing price of more than 200 stocks with derivatives contracts, replacing a decades-old methodology.
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Bloomberg — Markets (EN)




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