From The Economic Times · PTI · · 1m 20s
Sebi to Issue CAS Framework
Sebi will soon release CAS framework after 3,500+ comments.
In brief
Sebi will soon release CAS framework after 3,500+ comments. Sebi plans to issue a framework for closing auction session changes following over 3,500 public comments on its consultation paper. Originally reported by The Economic Times.
Sebi Receives 3,500+ Comments
Sebi received over 3,500 comments on its proposed changes to the Closing Auction Session mechanism.
Sebi Chairman Says Final Framework Soon
Sebi Chairman Tuhin Kanta Pandey stated the regulator would quickly examine comments and issue the final framework.
Deadline for Comments Was October 3
The deadline for submitting comments on Sebi's consultation paper was October 3.
Sebi Proposes CAS Changes
Sebi proposed changes to the CAS framework and settlement prices for index and stock derivatives.
CAS Aims to Determine Closing Prices
The Closing Auction Session uses an auction process to determine closing prices for securities.
Sebi Focuses on Bond Derivatives Growth
Sebi emphasized regulatory enablement, technical infrastructure, and market participation for corporate bond derivatives growth.
Sebi Works with RBI on FPI Access
Sebi is collaborating with the Reserve Bank of India to ease foreign portfolio investors' access to Indian markets.
FPI Holdings Depend on Global Opportunities
Foreign portfolio investors' holdings in Indian markets depend on investment opportunities across global markets.
The takeaway
Sebi plans to issue a framework for closing auction session changes following over 3,500 public comments on its consultation paper.
