{
  "id": 65507,
  "title": "From today, closing price will be discovered through auction mechanism for F&O stocks",
  "url": "https://urgent.news/2026/08/03/from-today-closing-price-will-be-discovered-through-auction-mechanism",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-03T01:16:50.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/closing-auction-for-fampo-stocks-may-dent-broker-revenues-alter-end-of-day-trading/article71286778.ece"
  },
  "original_language": "en",
  "account": null,
  "summary": "The closing price for F&O stocks will now be determined through an auction mechanism starting from August 3. This change aims to increase transparency and reduce the potential for price manipulation during the final minutes of trading. Under the new system, continuous trading will end at 3.15 pm, followed by a 15-minute auction where buy and sell orders are matched at a single equilibrium price, which becomes the stock's official closing price. Non-F&O stocks will continue trading until 3.30 pm, while stock and index derivatives will trade until 3.40 pm. The transition is expected to have a modest impact on brokerage income, as brokers anticipate a 1-5% reduction in revenue due to the reduction of high-frequency and liquidity-providing trades around the close.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}