BSE Seeks HFT Firms to Enhance Closing Auction Liquidity
· Business · Bloomberg, Economic Times
BSE Ltd. is in talks with high-frequency trading firms and other market participants to improve liquidity in its closing auction mechanism. The move comes after thin trading volumes during the closing auction session led to sharp price swings. The exchange aims to ensure a smoother price discovery process at market close.
Why it matters
This initiative could stabilize end-of-day trading prices and reduce volatility, benefiting investors and traders on India's largest stock exchange.
Read the original report — Bloomberg
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