{
  "id": 6877570,
  "title": "Sebi proposes new CAS framework, two options for expiry-day settlement",
  "url": "https://urgent.news/2026/09/12/sebi-proposes-new-cas-framework-two-options-for-expiry-day-settlement",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-12T06:45:56.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/sebi-proposes-new-cas-framework-two-options-for-expiry-day-settlement/articleshow/134113792.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "Sebi proposes changes to derivatives settlement, closing auction timings",
        "url": "https://urgent.news/2026/09/12/sebi-proposes-changes-to-derivatives-settlement-closing-auction",
        "published": "2026-09-12T07:32:38.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "SEBI proposes changes to derivatives settlement, closing auction timings; seeks public comments",
        "url": "https://urgent.news/2026/09/12/sebi-proposes-changes-to-derivatives-settlement-closing-auction-6887813",
        "published": "2026-09-12T07:52:39.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Explained: What Sebi’s proposed CAS changes mean for expiry-day trading and settlement",
        "url": "https://urgent.news/2026/09/12/explained-what-sebis-proposed-cas-changes-mean-for-expiry-day-trading",
        "published": "2026-09-12T09:58:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}