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Bourses and Brokers May Win From India’s Proposed Auction Revamp
Source: Bloomberg
Regulation & LegislationMarket Technicals & FlowsCapital Markets
India’s Securities and Exchange Board has proposed changes to the newly introduced closing-auction system after disruptions in its rollout. Stock exchanges and brokers could benefit from the revisions, while market makers may face tighter operating constraints. The proposals could affect trading flows, execution practices and market-participant economics in Indian equities.
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