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 stock market has introduced the Closing Auction Session (CAS) for eligible F&O stocks, changing how closing prices are determined and extending derivatives trading. The…

India's stock markets have introduced an innovative auction system to determine closing prices, specifically designed for cash market stocks paired with derivative contracts. This…

The National Stock Exchange, in an V-hour clarification, said that Closing Auction Session was implemented under the guidance of SEBI as it promotes transparency and fair and…

India's new Closing Auction Session (CAS) witnessed expected Day 1 adjustments, including concentrated liquidity and temporary futures-cash divergence. The article argues these…

Nifty's closing auction faces scrutiny after sharp swings raise concerns about liquidity and price discovery during weekly expiry.

Concerns are mounting among traders regarding the recent shift to a closing auction system, which has led to significant price volatility. Numerous market participants have…