High-Speed Trader AlphaGrep Turns to Bonds After India Bank Curb

AlphaGrep Securities Pvt., a high-frequency trading firm operating in India, announced it is shifting to bond market funding following a Reserve Bank of India decision to tighten banks' exposure limits to trading firms using proprietary capital. The firm's shift reflects the central bank's regulatory change affecting how banks can finance such operations. AlphaGrep previously relied on bank credit lines for its trading activities.

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