India Regulator Seeks Order Flow in Closing Auction
India market regulators asked brokers to accept orders during the closing auction transition. The move aims to boost liquidity and improve price discovery starting in September.
India's securities regulator has instructed brokers to accept orders during a five-minute transition window to boost market liquidity. The directive targets the daily auction mechanism used to determine closing stock prices. The change aims to curb recent volatility and improve price discovery across domestic exchanges.
