Explained: What Sebi’s proposed CAS changes mean for expiry-day trading and settlement
The regulator has proposed two options for determining expiry-day settlement prices for index and stock derivatives, changes to the timing of the continuous trading session (CTS), CAS and derivatives trading, and additional measures aimed at improving the functioning of the auction.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
Also reported by 3 other outlets
- Sebi proposes new CAS framework, two options for expiry-day settlement economictimes.indiatimes.com
- SEBI weighs two options for derivatives settlement, closing auction timings thehindubusinessline.com
- Sebi proposes changes to derivatives settlement, closing auction timings business-standard.com
