India’s SEBI Said to Restore Prior Derivatives Settlement Method

India’s securities regulator is set to restore a method that relies on the final 30 minutes of trading to settle equity derivatives on expiry days, according to people familiar with...

By Samie Modak · Bloomberg Markets

India’s securities regulator is set to restore a method that relies on the final 30 minutes of trading to settle equity derivatives on expiry days, according to people familiar with the matter, effectively delinking the new closing auction from settlement of futures and options.