SEBI to review CAS feedback, but closing auction mechanism here to stay: Chairman

Mumbai, Aug 17 (IANS) The Securities and Exchange Board of India (SEBI) is analysing concerns raised by traders and other market participants over the new Closing Auction Session (CAS) for futures and options (F&O) eligible stocks but the mechanism is here to stay, Chairman Tuhin Kanta Pandey said on Monday.

The regulator is reviewing feedback from market participants, discussions on social media and expiry-date data before deciding whether any changes are required to improve the system, Pandey told reporters.