Sebi chairman Tuhin Kanta Pandey on Saturday said that the market regulator would soon move ahead with its proposed changes to the Closing Auction Session (CAS) mechanism after receiving more than 3,500 comments on its consultation paper.The regulator had invited views on changes to the CAS, market timings and the settlement methodology for derivative contracts. … Read more
The closing auction session (CAS) could see a change in how its closing price is used for settling index and stock derivative contracts on expiry, with markets regulator Sebi proposing two alternative methodologies after reviewing the newly introduced framework.Sebi’s consultation paper released on Saturday seeks stakeholder views on whether derivative settlement prices should be calculated … Read more
Markets regulator Sebi on Thursday said it will revise the settlement price mechanism for derivatives contracts for Closing Auction Session (CAS). The decision comes exactly a month after CAS was rolled out on Aug 3. Sebi will soon come out with a consultation paper for revising the mechanism, a release from the regulator said.During the … Read more
Sebi chairman Tuhin Kanta Pandey on Monday said the regulator has no plans to roll back the recently introduced Closing Auction Session (CAS). However, the authority is reviewing concerns raised by market participants and considering whether the framework needs any improvements.Introduced on August 3 this year, CAS has drawn attention from some participants over issues … Read more
The old average had a basic flaw. An index fund promises to match the index, and the index is built on closing prices. From August 3, 2026, the closing price of every stock in the F&O segment comes from an auction instead of a 30-minute average. Long-term investors need to do nothing. Traders, index funds … Read more