Sebi revises settlement with last-30-minute VWAP method
In short
Sebi has changed the closing auction session framework and will use the last 30-minute VWAP for derivatives settlement. The trading hours will also change from December 7, 2026.
This matters because it could affect how prices are fixed for derivatives and how traders plan around market hours. The reporting does not say the exact impact on costs or volumes.
What the reporting says
Sebi has revised the closing auction session framework and adopted the last 30-minute VWAP for derivatives settlement, according to the summary. The regulator also changed trading hours from December 7, 2026. The reporting does not say how the new settlement method will affect traders or exchange operations in practice.
Why it matters
Sebi has announced changes to the closing auction session framework, including using the last 30-minute VWAP for derivatives settlement and changing trading hours from December 7, 2026. The move affects how market participants may have their derivatives settled, but the reporting does not explain the operational details or market impact beyond the revised framework.