Closing Auction System = Capital Account Suicide
Immediately Stop CAS !
If you Implement something without understanding the DEPTH and LIQUIDITY in Markets, it only exposes Loopholes which can be Exploited exclusively by the BIG & FAT Players, Leaving behind Innocent Retail Capital Account Suicide ( CAS )
When there is Negligible Participation in Opening Auction, how can the Closing Auction be introduced on which weekly options Expiry depends? This can be used to Embezzle 1000s of Crores in a matter of Seconds.
You Blink for the Closing Price and either Options are a Jackpot or Zero
STOP Immediately and Review 🙏
#Request
@SEBI_India @NSEIndia