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SEBI Panel Meets Today to Review Feedback on Closing Auction Session Framework

M
Moneycontrol•14-10-2026, 15:56
SEBI Panel Meets Today to Review Feedback on Closing Auction Session Framework
- •SEBI has called a meeting of its Secondary Market Advisory Committee on Thursday to discuss feedback on the closing auction session framework.
- •The single-point agenda focuses on reviewing stakeholder comments from the consultation paper issued on September 12.
- •Market participants have largely favoured retaining the existing volume-weighted average price methodology for derivatives settlement.
- •SEBI received around 20,000 comments and is expected to take a final call following the committee discussions.
Key Questions Answered
The Securities and Exchange Board of India called a meeting of its Secondary Market Advisory Committee with a single-point agenda to discuss feedback received on its consultation paper regarding the closing auction session framework.
SEBI proposed two options: a blended volume-weighted average price methodology factoring in the last 30 minutes of continuous trading and a 10-minute closing auction, or retaining the existing continuous trading session methodology as an interim arrangement for at least a year.
The Closing Auction Session was introduced for stocks in the derivatives segment on August 3, 2026, with the objective of improving closing-price discovery.



