SEBI to issue guidelines on derivative settlement in a week

SEBI Chairman Tuhin Kanta Pandey stated that the market regulator is expected to issue guidelines on derivative settlement prices within a week.

The regulator reviewed the Closing Auction Session mechanism and received around 20,000 public comments on related proposals until October 3.

Pandey added that SEBI is exploring a graded compliance framework for brokers based on scale, client exposure and technology dependence.