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BUSINESSBloomberg Markets·7h ago

India’s SEBI Is Said to Ease Arbitrage Fund Rules to Aid Auction

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AI TLDR · GEMINI

India’s market regulator has reportedly granted arbitrage mutual funds greater flexibility in managing their positions to enhance liquidity during the daily closing auction for stocks. The move is intended to address recent volume struggles in the closing session by encouraging participation from these key institutional investors. This regulatory adjustment aims to improve the efficiency and stability of price discovery at the end of the trading day.

India’s market regulator has given arbitrage mutual funds more flexibility in managing their positions, according to people familiar with the matter, seeking to draw a key source of liquidity into the struggling closing auction for stocks.

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