India's leading high frequency trading firm turns to bonds for capital
AlphaGrep has raised two billion rupees through bond issuance. This move comes after new Reserve Bank of India regulations. Banks now face restrictions on funding proprietary trading firms. The company plans to enhance its AI and machine-learning infrastructure. These funds will also support growth in retail-facing businesses.
AlphaGrep has raised two billion rupees through bond issuance. This move comes after new Reserve Bank of India regulations. Banks now face restrictions on funding proprietary trading firms. The company plans to enhance its AI and machine-learning infrastructure. These funds will also support growth in retail-facing businesses.
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