India Top Bourse Says High-Speed Traders' Activity Has Dropped
'The drop in activity is quite noticeable among the high-frequency traders, who are in wait-and-watch mode,' Sriram Krishnan, chief business development officer at the National Stock Exchange of India Ltd. said in a post-earnings conference call. Some large onshore trading firms are 'withholding their expansion plans' due to lack of clarity on regulations around derivatives and global uncertainties, he said.
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