India’s new process for setting official stock closing prices has prompted complaints from some of the firms most active in supporting the country’s $5.2T equity market. While the article is largely about process and stakeholder pushback rather than a quantified financial impact, it raises near-term friction risk for market participants and related trading mechanics.
India’s new process for setting official stock closing prices has prompted complaints from some of the firms most active in supporting the country’s $5.2T equity market. While the article is largely about process and stakeholder pushback rather than a quantified financial impact, it raises near-term friction risk for market participants and related trading mechanics.
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