Securities and Exchange Board of India will release a framework regarding changes to the Closing Auction Session mechanism. The regulator reviewed comments on its consultation paper about market timings and settlement methodology. Sebi intends to address spec…

Consultation paper seeks views on expiry-day settlement prices, market timings, order handling and information dissemination
The regulator has floated two expiry-day settlement methodologies, two alternatives for market timings and changes to order cancellation and Iceberg orders during CAS