SEBI Reviews Derivatives Settlement Price Methodology

SEBI said on 3 September that it would review how settlement prices are determined for derivative contracts in light of the CAS rollout. The announcement signals a review, not a completed change in a settlement formula. For investors, the distinction matters because a settlement price is used in closing or valuing positions at expiry. Market participants should monitor SEBI’s follow-up documents for the precise methodology, effective date and any transition period. The regulator’s original notice is the appropriate starting point for those details.