Economy
NSE Overhauls Trading Rules and Closing Auction Session From December 7
Livemint10h
THE BRIEF
1
The National Stock Exchange announced an overhaul of the Closing Auction Session in the equity cash segment and trading modalities from December 7.
2
The changes follow a review by the Securities and Exchange Board of India regarding market timings and settlement methodologies.
3
Key modifications include shortening the Closing Auction Session duration to 10 minutes, revising closing price methodologies, and extending derivatives trading hours to 3:45 pm.