We have an unhappy bunch of equity traders sitting upstairs
We have an unhappy bunch of equity traders sitting upstairs Fears of stock manipulation explain India’s strict rules for bulk tradingPremium Andy Mukherjee Share Via Read Full Story As all institutional investors know, purchasing shares in bulk can be a real pain in India. Traders at a biggish asset management firm would be lucky to fill even a fifth of the entire demand from individual funds. The rest will become a feast for unrelated buyers. It’s a design quirk, which grew out of a misplaced egalitarian sensibility and a fear of mischief by business families. The idiosyncrasy is not wit...
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