Is Closing Auction Session (CAS) applicable to all securities in equity segment?
No, initially, CAS shall be applicable to securities in the cash segment on which derivative contracts are available i.e. closing price of such securities shall be determined based on CAS in equity segment. CAS shall be made applicable in a phased manner. Going forward, based on SEBI guidance on applicability of CAS on additional securities in equity segment; Exchange shall issue applicable operational guidelines.
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Are orders in the Closing Auction Session (CAS) subject to margin requirements?
Yes, orders placed during the Closing Auction Session (CAS) are subject to applicable margin requirements at the order level. However, limit orders carried forward from the Continuous Trading Session (CTS) to CAS are exempt from margin checks. If ...
What is the scope of applicability of CAS in the Equity Derivatives segment?
CAS applies only to the equity segment. To keep the applicable price band aligned between Equity and Equity Derivative segments, the price band for stock futures will be reset before CAS. The applicable price band will be +/-3%, but the reference ...
Will the trading for Non-F&O securities continue till 3:30 pm in equity segment?
Yes, Continuous Trading Session (CTS) for non-F&O securities will continue till 3:30 pm in equity segment
Will the trading for Non-F&O securities continue till 3:30 pm in equity segment?
Yes, Continuous Trading Session (CTS) for non-F&O securities will continue till 3:30 pm in equity segment.
Will the implementation timeline for both CAS framework and revised pre-open market session, be effective from same date?
No, as per SEBI guidelines, CAS framework and subsequent alignment of the Pre-Open Auction Session framework with CAS shall be implemented separately. CAS framework shall be implemented on August 03, 2026, and alignment of pre-open auction session ...