BSE’s new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a self-reinforcing cycle, while early confusion, retail concerns and alleged CAS manipulation have further intensified scrutiny of the new closing-price mechanism.
CAS chaos triggers liquidity spiral: Nuvama says higher participation needed to break cycle
BSE’s new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a