BSE shares jump 5%; Angel One, Groww also rally in the trade; what is the trigger?
Shares of Indian capital market firms like BSE and Angel One rallied after SEBI announced a review of derivative settlement methodologies. The regulator is reconsidering the use of the Closing Auction Session (CAS) price for settlement following market feedback.
Why it matters
Regulatory changes in financial markets directly impact stock valuations and trading mechanisms for investors.
A month after rolling out the CAS, the market regulator SEBI is planning to review the derivative settlement methodology at expiry amid concerns over using the CAS-determined closing price as the settlement basis. Shares of capital market stocks were buzzing in the trade on Friday, September 4, as SEBI plans to review the settlement price methodology for derivative contracts after the closing auction session (CAS) rollout.
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A month after rolling out the CAS, the market regulator SEBI is planning to review the derivative settlement methodology at expiry amid concerns over using the CAS-determined closing price as the settlement basis.
SEBI said on Thursday that it may revise the existing methodology and is likely to release a consultation paper on the proposed framework within about a week
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