#sebi #cas #cnbctv18digital | CNBC-TV18 – LinkedIn

SEBI is proposing changes to CAS (Closing Auction System). Prashant Nair explains. #SEBI #CAS #CNBCTV18Digital Like Comment Transcript Breaking news coming in this Saturday series put out the consultation paper as promised on the closing auction session, which is the case. I must say a lot of what Sebi has put out, which I will detail the most important points in a bit, is in line with what we have seen CV 18 had been reflecting via feedback from, you know, market participants etcetera since this system was introduced to calculate closing prices. So by the way, 5 topics I’ll touch upon these suggestions you can send in till the 3rd of October. This is a consultation paper, yet these are not rules, so we’ll start with the. The way expiring contracts are settled on expiry day, the basic problem was whether. Gas prices should be used to determine or expire contracts right? On expiry day on Tuesdays, on Thursdays and of course the monthly contracts as well. There are two options here. Option one service saying use a blended method, take some of gas, some of the normal market session, use a weighted average from both and then calculate
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