The Securities and Exchange Board of India (Sebi) may delay extending the trading hours at the derivatives markets till 11.55 pm because it hasn’t been able to resolve a few issues, according to sources.
Starting October 1, the derivatives markets were supposed to remain open till 11.55 pm. “The detailed framework for the settlement process, risk management systems, monitoring trade positions, and surveillance mechanism is yet to finalised,” said a person privy to the development, adding it was unlikely the exchanges would be able to extend the trading ...
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