India's market regulator SEBI is proposing a new system to ensure stocks trade at similar prices on different exchanges. This aims to improve price discovery and liquidity, especially for less traded shares. The inactive exchange will use the active exchange's closing price for its next day's trading. This change is expected to make trading in illiquid stocks smoother for investors.

India's market regulator SEBI is proposing a new system to ensure stocks trade at similar prices on different exchanges. This aims to improve price discovery and liquidity,…

SEBI proposes a new framework to align stock price bands and pre-open auction prices across exchanges to prevent price divergence in illiquid stocks.