BusinessSEBI Receives 20,000 Comments on Closing Auction Session and Derivatives Settlement
The Securities and Exchange Board of India (SEBI) received around 20,000 responses by October 3 to its consultation paper on the Closing Auction Session (CAS), market timings, and settlement methods for derivative contracts. This is significantly higher than previous reports and more than triple the 6,000 comments received earlier in 2024 on related futures and options trading measures. The consultation paper was released on September 12, seeking feedback on seven proposals related to derivatives settlement, trading hours, and CAS operations.
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