India's new Closing Auction Session (CAS) witnessed expected Day 1 adjustments, including concentrated liquidity and temporary futures-cash divergence. The article argues these teething issues are typical of global market transitions and should ease within a few sessions as participation deepens, improving price discovery for benchmark closing prices.
India's new Closing Auction Session (CAS) witnessed expected Day 1 adjustments, including concentrated liquidity and temporary futures-cash divergence. The article argues these teething issues are typical of global market transitions and should ease within a few sessions as participation deepens, improving price discovery for benchmark closing prices.
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