Sebi chief Tuhin Kanta Pandey announces new expiry day derivatives rules coming soon

New rules for calculating derivatives settlement prices on expiry days will be released by the market regulator in roughly seven days. Sebi chairman Tuhin Kanta Pandey shared this update at a BSE Brokers' Forum event, noting that officials are currently going through nearly 20,000 public feedback submissions collected until October 3, 2026. This upcoming framework stems from a careful evaluation of the Closing Auction Session and its interaction with derivative expiry sessions. Beyond the immediate settlement updates, the regulatory body is also revising its Depositories and Participants Regulations to streamline rules and tighten fraud safeguards. Officials are additionally planning a tiered compliance structure for brokers that takes into account operational scale, client exposure, and tech reliance rather than applying a single blanket mandate. To attract more global capital, Sebi reviewed proposals for simpler digital onboarding for non-resident investors and plans to release a formal circular soon after reviewing over 400 public remarks. The agency is simultaneously working to cut compliance expenses, improve digital resilience, and upgrade disaster recovery systems.

Context

Market regulators constantly refine trading mechanisms and compliance frameworks to balance investor protection with ease of doing business. The Securities and Exchange Board of India oversees the country's securities market to ensure fair practices and foster healthy growth.