Mumbai, June 11 (IANS) India’s market regulator, the Securities and Exchange Board of India (SEBI), on Thursday proposed a new mechanism to prevent the same stock from trading at significantly different prices across exchanges. The move is aimed at improving price discovery and liquidity, particularly in thinly traded shares.In a consultation paper, SEBI said that when a stock does not trade on one exchange but remains active on another, the inactive exchange should use the active exchange’s clo…
Latest Price Discovery News & Updates
New Delhi, May 21 (IANS) Securities and Exchange Board of India (SEBI) in a consultation paper on Thursday proposed a sweeping reform in calculation of stock prices during IPO listings and re-listings.Current system of price discovery is artificially suppressing prices and triggering repeated upper circuits once trading begins, the market regulator said.It proposed automatic and faster expansion of price bands whenever strong investor demand emerges, reducing the need for manual intervention by …