From Financialexpress · Ajay Joseph · · 1m 30s
SEBI Receives 20,000 Comments on Market Changes
SEBI gets 20,000 comments on CAS, market timings and derivatives settlement changes.
In brief
SEBI gets 20,000 comments on CAS, market timings and derivatives settlement changes. SEBI received 20,000 comments on proposed changes to the Closing Auction Session, market timings, and derivatives settlement methods after inviting public feedback. Originally reported by Financialexpress.
SEBI Receives 20,000 Comments
SEBI received 20,000 comments on its consultation paper seeking public views on proposed changes to the Closing Auction Session, market timings, and derivatives settlement methods.
“The number of comments received till 7:00 PM today, i.e. October 3, 2026, stands at 20,000.”
Comments Surged During Consultation
The number of responses surged by the end of the consultation period, highlighting strong interest among market participants in the proposed changes.
SEBI Chairman on Quick Review

SEBI Chairman Tuhin Kanta Pandey said the regulator would examine the responses quickly and proceed with the next steps after the consultation period ended.
“Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear.”
SEBI to Issue CAS Framework Soon
SEBI expects to move quickly on the CAS framework, with a final circular on the mechanism likely to be issued shortly.
“Yes, it will be”
CAS Changes Aimed at Market Concerns
The review followed the introduction of the CAS in the equity cash segment and concerns raised over its potential impact on settlement prices of derivative contracts.
SEBI Pushes for Corporate Bond Derivatives
SEBI is working towards encouraging exchange-traded systems in the bond market, including an electronic bidding platform for primary bond issuances.
“Bond indices and derivatives and bond indices will be, I would think, at a major milestone going forward.”
SEBI Collaborates with RBI on FPI Access
SEBI is working with the Reserve Bank of India to ease Foreign Portfolio Investor access to the Indian market through regulatory measures.
“All what we can do at the regulatory stage is to listen to what the FPIs have to say, easing their onboarding, easier the access.”
What to remember
SEBI received 20,000 comments on proposed changes to the Closing Auction Session, market timings, and derivatives settlement methods after inviting public feedback.

