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India’s stock-market closing auction may lose key high-frequency liquidity
A revamped closing auction in India is discouraging some high-frequency and proprietary trading firms that supply liquidity, according to Bloomberg cited by Hedgeweek.
India’s revamped stock-market closing auction is facing liquidity risk as some high-frequency and proprietary trading firms are opting not to participate, Hedgeweek reports, citing a Bloomberg report.
The change is particularly relevant for the closing window because these firms are described as providing significant liquidity that helps support trading around the market close.