BusinessPhoto: NDTV BusinessSEBI to Review Public Feedback on Closing Auction Session Thursday
The Securities and Exchange Board of India (SEBI) has scheduled a Secondary Market Advisory Committee (SMAC) meeting on Thursday to review public feedback on proposed changes to the Closing Auction Session (CAS) framework. The meeting will focus solely on responses to SEBI's consultation paper. Market participants mostly support retaining the current VWAP method for derivatives settlement prices instead of switching to a blended model.
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