- SEBI is the market regulator in India.
- SEBI introduced a new CAS framework regulating the Indian stock market.
- The implementation of the new Closing Auction System (CAS) is currently affecting stock price discovery for companies including Trent, Bajaj Finance, and Mahindra & Mahindra.
- The implementation of the Closing Auction System (CAS) in India is affecting index-options activity and improving closing price discovery.
HDFC Securities noted market changes post-CAS, confirming the successful settlement of the CAS mechanism and its impact on derivatives turnover.
2 reports, 2 independent
Updated Sep 2
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What happened
HDFC Securities noted market changes post-CAS, confirming the successful settlement of the CAS mechanism and its impact on derivatives turnover.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.CAS mechanism causes heightened volatility and declining derivatives turnover on NSE and BSE.1 source
CAS mechanism settled in, impacting derivatives turnover.1 source
Keep exploring
Part of
The implementation of the Closing Auction System (CAS) in India is affecting index-options activity and improving closing price discovery.Also in this story
- CAS reviews hyperactivity in expiring index options and proposes blended VWAP using both CTS and CAS.
- Castrol India and Mahanagar Gas are listed in the oil and gas index, and the CAS mechanism affects derivative contract settlement.
- India changed its closing price determination method, involving the Closing Auction System (CAS).
The entities involved
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CAS
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