New CAS mechanism aids ETFs but poses challenges for arbitrage funds
India's new Closing Auction Session (CAS) helps ETFs by reducing tracking error but creates challenges for arbitrage funds due to a wider divergence between cash and futures closing prices, an Invesco Mutual Fund report finds.
India's new Closing Auction Session (CAS) helps ETFs by reducing tracking error but creates challenges for arbitrage funds due to a wider divergence between cash and futures closing prices, an Invesco Mutual Fund report finds.
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