The Securities and Exchange Board of India will issue a consultation paper to refine settlement price methodology for derivative contracts. The proposal is likely to be taken up at the upcoming SEBI Board meeting scheduled for Sept. Key points and original sources are listed below.

• The Securities and Exchange Board of India will issue a consultation paper to refine settlement price methodology for derivative contracts. Following the Closing Auction Session’s impact, SEBI seeks to improve market practices.S1

• The proposal is likely to be taken up at the upcoming SEBI Board meeting scheduled for Sept. 24.S2