From Financialexpress · Oliviya Kunjumon · · 50s
SEBI Confirms CAS Meeting Today
SEBI's CAS framework meeting today addresses market feedback on closing auction prices.
In brief
SEBI's CAS framework meeting today addresses market feedback on closing auction prices. SEBI will meet today to review 20,000 market responses on the closing auction session framework. Originally reported by Financialexpress.
SEBI confirms CAS meeting
SEBI chief Tuhin Pandey confirms SMAC meeting on closing auction session framework today.
AMFI CEO joins discussion
AMFI CEO will participate in meeting representing mutual fund houses.
20,000 responses received
SEBI received 20,000 comments on proposed changes to closing auction mechanism.
CAS framework details
The new system changed closing price calculation for eligible stocks with dedicated auction after regular session.
Market concerns about CAS
Market participants question how auction-determined prices affect futures and options contracts.
Meeting purpose
SMAC meeting will examine market feedback and discuss concerns raised by different market sections.
What it means
SEBI will meet today to review 20,000 market responses on the closing auction session framework.
