India Proposed Derivatives Settlement Revamp
SEBI proposed overhauling derivatives settlement rules to curb expiry day volatility caused by the recent closing auction session framework. Analysts say the changes could reduce price swings and improve market predictability.
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India proposed sweeping overhauls to derivatives settlement on Saturday to curb expiry-day volatility and clear a major overhang in the options market. The reforms target market turbulence that followed the August 3 launch of the closing auction session. Regulators aim to restore pricing predictability without dismantling the core closing auction framework.
