Sources said that a panel under the Securities and Exchange Commission of India recommended that maturity date settlement prices for indices and stock derivatives continue to use the volume-weighted average price mechanism. The report said that the team rejected the plan to immediately switch to a mixed pricing formula incorporating the closing pool bid price.

Zhitongcaijing · 3d ago
Sources said that a panel under the Securities and Exchange Commission of India recommended that maturity date settlement prices for indices and stock derivatives continue to use the volume-weighted average price mechanism. The report said that the team rejected the plan to immediately switch to a mixed pricing formula incorporating the closing pool bid price.