Economic TimesLean R·
NSE, BSE equity derivatives turnover hits multi-month low in August amid CAS volatility
Mumbai: The turnover of equity derivatives on the NSE and the BSE fell to fresh multi-month lows in August. Analysts attributed the decline to heightened volatility under the new Closing Auction Session (CAS) mechanism that drove several participants to cut back on derivatives activity, particularly in the final half-hour of the trading day."The decline in derivatives volumes is largely a result of the behavioural changes triggered by CAS," said Rajesh Palviya, head of research, Axis Securities…
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