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.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.