SEBI Panel Backs 30-Minute VWAP for F&O Expiry: Why Indian Traders Still Face Closing-Price Risk

Securities and Exchange Board of India’s (SEBI) Secondary Market Advisory Committee (SMAC) has recommended retaining the 30-minute Volume-Weighted Average Price (VWAP) for index and stock derivatives expiry settlement and put an immediate shift to a Closing Auction Session (CAS)-linked formula on hold.  For Indian expiry-day traders, however, the question now is whether the settlement method […] Read The Full Article SEBI Panel Backs 30-Minute…