India's New Stock Exchange Closing Auction Confuses Traders

India's two main equity bourses have introduced a new auction methodology to determine the closing price for over 200 stocks with derivatives contracts, replacing a decades-old system and causing confusion among traders.

5 Aug, 09:04 — 5 Aug, 09:04

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bloombergHigh12d ago

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.

By Savio Shetty

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India's New Stock Exchange Closing Auction Confuses Traders

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

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