SEBI panel backs 30-minute VWAP for derivatives expiry for a year
In short
SEBI’s advisory panel wants the 30-minute VWAP method kept for derivatives expiry settlement for one more year. The summary also says it proposed trading until 3:45 pm.
This matters for traders because it affects how expiry prices are worked out and when trading can continue. The reporting does not say if SEBI has approved the advice yet.
What the reporting says
SEBI’s advisory panel favored retaining the 30-minute VWAP method for derivatives expiry settlement for a year and proposed trading until 3:45 pm, according to a publisher summary. The reporting does not say whether SEBI has adopted the advice or when any rule change would begin. The immediate consequence is that market participants may face continued use of the current expiry settlement approach if the proposal is accepted.
Why it matters
SEBI’s advisory panel favored keeping the 30-minute VWAP method for derivatives expiry settlement for a year and proposed trading until 3:45 pm. The summary gives no detail on implementation, approval timing, or which contracts would be affected beyond derivatives expiry settlement. The likely market impact is on trading practices and expiry pricing, but the final rule is not stated.