Sebi to issue derivatives settlement guidelines within a week
In short
Sebi chief Tuhin Kanta Pandey said the regulator expects to issue guidelines within a week for how derivatives are settled on expiry days. The move comes after a review of the Closing Auction Session.
This matters for traders and Indian markets because settlement rules can affect pricing and trading at expiry. Sebi has not yet released the final rules, and the impact is still unknown.
What the reporting says
Sebi chairman Tuhin Kanta Pandey said the regulator expects to issue guidelines on the settlement-price mechanism for derivatives on expiry days within a week, after reviewing the Closing Auction Session. The same reporting says Sebi is also working to simplify digital onboarding for persons resident outside India and to cut compliance costs. The exact draft rules and market impact are not yet stated.
Why it matters
Sebi chairman Tuhin Kanta Pandey said the regulator will issue guidelines within a week on the settlement-price mechanism for derivatives on expiry days, following a review of the Closing Auction Session. The reporting also says Sebi is working on simpler rules, lower compliance costs and easier access for persons resident outside India. The final norms and market effects are not yet known.