SEBI to issue closing auction guidelines within a week
In short
SEBI chairman Tuhin Kanta Pandey said the regulator expects to issue new rules within a week. The focus is the closing auction session and the settlement-price method for derivatives on expiry days.
The move could affect brokers, depositories and investors in Indian markets. The exact rule changes and their final impact are not stated in the available reporting.
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 reporting also says SEBI is examining rules for depositories, brokers, AI use and digital onboarding, including simpler access for persons resident outside India. The immediate impact on market participants is not yet stated.
Why it matters
SEBI chairman Tuhin Kanta Pandey said the regulator expects to issue guidelines within a week on the settlement-price mechanism for derivatives expiry days, following a review of the Closing Auction Session. The reporting also says SEBI is reviewing rules for depositories, brokers, AI use and digital onboarding, including easier access for persons resident outside India. The practical market impact and final rule details are not yet stated.