India’s derivatives market is set for its first monthly expiry under the new auction-based closing price system, marking a crucial test for the mechanism after concerns over sharp price swings and alleged manipulation. Introduced on August 3, the system has so far handled regular sessions and a weekly expiry. Tuesday’s monthly expiry will bring stock futures and options into play.
India’s derivatives market is set for its first monthly expiry under the new auction-based closing price system, marking a crucial test for the mechanism after concerns over sharp price swings and alleged manipulation. Introduced on August 3, the system has so far handled regular sessions and a weekly expiry. Tuesday’s monthly expiry will bring stock futures and options into play.
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