SEBI launches new equities closing auction
The new session is set to enhance price discovery and curb late-day price manipulation in Indian equity markets, despite some initial unexpected price swings and option premium shifts.
The new session is set to enhance price discovery and curb late-day price manipulation in Indian equity markets, despite some initial unexpected price swings and option premium shifts.
The partnership will allow the exchange to deploy ITRS’ Geneos platform, and also aligns with SEBI operational resilience requirements.
Regulator Sebi outlines plan to move to instantaneous settlement by March 2025 on an optional basis using a parallel system to the current T+1 structure.