Traders urge action on front-running in India
Buy-side traders ask India's securities watchdog to address market information leakage, with foreign firms citing concerns about being front-run by locals.
Buy-side head traders will meet with India's markets watchdog next month to discuss how regulators and exchanges can help tackle market information leakage that causes execution slippage. There are hopes that this long-standing issue will be addressed, which would boost confidence in the local market among foreign investors.
The Asia Trader Forum (ATF), which represents 22 head equity traders from asset managers operating in the region, has surveyed its members about India’s marke…
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