Sebi proposes new CAS framework, two options for expiry-day settlement
The Securities and Exchange Board of India (SEBI) is set to implement crucial updates to the Closing Auction Session.
A focus of these changes is on the process of derivatives settlement on expiry days.
SEBI has laid out two alternatives for determining the derivatives settlement price: the first proposes a blended VWAP approach after one year, while the second keeps the current CTS VWAP process in place for the present.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
