Economy
SEBI Probes CAS Manipulation as Angel One Leads Order Queuing
Moneycontrol1h
THE BRIEF
1
Market regulator SEBI has fined two firms ₹3.7 crore for manipulating the Closing Auction Session (CAS) to rig stock prices.
2
Angel One has taken an early lead in launching new order queuing systems to prevent such irregularities, with other brokers expected to follow suit.
3
The regulator has issued a stern warning to traders, threatening strict action against any attempts to manipulate closing prices in the Indian stock market.