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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Following weeks of chaos over its new closing auction session, the regulator will issue a consultation paper within a week.
The Securities and Exchange Board of India has finally blinked. After weeks of clamour over price volatility under the new closing auction session (CAS) mechanism, the regulator said on Thursday that it is looking to modify the methodology for determining settlement prices of derivative contracts. SEBI will issue a consultation paper within a week for this purpose.
Under SEBI’s new closing system, the closing price of stocks in the cash segment, arrived at after an auction window, acts as a benchmark for the prices of futures and options (F&O) contracts. Introduced on 3 August, the new system unleashed chaos. We …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A month on, CAS has only amplified volatility, manipulation and confusion rather than containing them.
