Regulatory Alerts2025-05-26
Final Settlement Day (Expiry Day) for Equity Derivatives Contracts
The Securities and Exchange Board of India (SEBI) has issued a circular mandating that all equity derivatives contract expiries be uniformly limited to either Tuesdays or Thursdays. This regulation restricts weekly benchmark index options to one contract per exchange on a chosen day, while requiring all other equity derivatives to have a minimum tenor of one month with expiries occurring in the last week of the month. Stock exchanges must submit their implementation proposals to SEBI by June 15, 2025, and obtain prior approval for any future modifications to settlement days.
Share