SEBI Proposes Major Overhaul of Closing Auction Session and Derivative Settlement Rules to Protect Investors:
In a major regulatory move aimed at enhancing market transparency and safeguarding retail and institutional investors, the Securities and Exchange Board of India (SEBI) has proposed sweeping reforms governing the stock market’s Closing Auction Session (CAS) and the expiry-day settlement of derivative contracts. Having initially implemented the CAS framework for shares in the derivatives segment … Read more