Inevitable has arrived on Mumbai Shores
https://lnkd.in/dYqXFAKjExtract :
A few of these high-speed traders who are outwitting the traditional debt investors, like bond houses, asset managers, insurers and retirement funds, are suspected to be using specialised software to grab securities in what’s largely a ‘fastest-finger-first’ contest.
Large bond investors have told the Securities and Exchange Board of India (Sebi) that some of the players are gaming the electronic bidding system to snatch deals within less than a second of the opening of the issue.
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MY TAKE :
Pretty much as I envisaged in :
A Matter of Time [ 03 JAN 2017 ]
https://lnkd.in/fvzEgnx
But this is only a beginning !
For what comes next, do Click " A Matter of Time "
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