Overview
- SEBI Chairman Tuhin Kanta Pandey confirmed that final directions on equity derivatives contract expiries will be issued by the end of May after reviewing consultation feedback.
- The regulator has proposed standardizing contract expiries across exchanges to Tuesdays or Thursdays to improve market stability and spacing.
- Exchanges will need SEBI approval before launching or modifying contract expiry or settlement days, ensuring regulatory oversight.
- SEBI has granted in-principle approval for electricity derivatives to help hedge against volatility in the energy sector.
- The regulator aims to simplify compliance by removing redundant provisions, leveraging technology for oversight, and ensuring robust investor protection.