- 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.
India changed its closing price determination method, involving the Closing Auction System (CAS).
1 report, 1 independent
Updated Aug 30
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What happened
India changed its closing price determination method, involving the Closing Auction System (CAS).
Who's involved
What this event is mainly aboutKeep 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.
- HDFC Securities noted market changes post-CAS, confirming the successful settlement of the CAS mechanism and its impact on derivatives turnover.