Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Kumar Gaurav

Explained: What Sebi’s proposed CAS changes mean for expiry-day trading and settlement

The Securities and Exchange Board of India (SEBI) on Saturday, September 12, proposed changes to the Closing Auction Session (CAS), market timings and the settlement methodology for derivatives contracts, following the experience gained since CAS was introduced on August 3, 2026.

The regulator has proposed two options for determining expiry-day settlement prices for index and stock derivatives, changes to the timing of the continuous trading session (CTS), CAS and derivatives trading, and additional measures aimed at improving the functioning of the auction.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.