India's New Stock Closing System Struggles with Volatility Despite Record Trading Volume

India's newly implemented closing auction system absorbed a record $4.2 billion in trades linked to MSCI index rebalancing but continues to experience sharp price swings, raising concerns about its long-term stability.

1 Sept, 03:49 — 1 Sept, 03:49

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bloombergHigh5h ago

India Stock Auction Needs Market Makers as Price Swings Persist

India’s new closing system absorbed a record $4.2 billion of stock trades linked to MSCI Inc. index rebalancing on Monday. Yet the sharp price swings that have plagued it since launch persisted, underscoring a key challenge to its long-term success: the lack of market makers.

By Chiranjivi Chakraborty and Savio Shetty

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India's New Stock Closing System Struggles with Volatility Despite Record Trading Volume

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India Stock Auction Needs Market Makers as Price Swings Persist

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