Over 3,500 responses on CAS: Sebi to quickly move ahead with proposals

In a significant announcement, Sebi chairman Tuhin Kanta Pandey revealed transformative changes to the Closing Auction Session mechanism. This initiative is driven by the feedback of over 3,500 participants who responded to the consultation paper. Apart from updating settlement prices for index and stock derivatives, Sebi aims to invigorate the corporate bond derivatives market, fostering both participation and support for regulatory practices.