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MARKETS 45m ago

SEBI CAS: Framework revised; auction window set, reference price calculation for eligible securities changed - Details

Livemint Markets
Published 15 Oct 2026, 04:20 pm IST

The Securities and Exchange Board of India (SEBI) has revised the framework for the Clearing and Settlement (CAS) mechanism, introducing changes to the auction window and the calculation of reference prices for eligible securities.

The market regulator on Thursday rolled back the closing auction session (CAS) framework for derivatives settlement, which was introduced in August and led to sharp swings in benchmark indices on expiry days.

Originally reported by Livemint Markets.Source: livemint.com