Sources have said that brokers are seeking continuation of the weekly options expiry and both exchanges, the BSE and NSE are likely to seek continuation of the weekly options expiry.
SEBI is still collecting and assessing data on derivatives and the consultation process has not yet begun, sources said, adding that the regulator will assess the feedback in a detailed fashion and that there is no rush to either bring out the consultation paper or issue new rules.
What also needs to be kept in mind is the fact that SEBI’s whole-time member Ananth Narayan, who oversees the derivatives segment, is set to retire on October 9.
Shares of BSE are currently trading 1.6% higher at ₹2,253.5, while those of Angel One have also recovered from the lows of the day, currently trading 0.7% lower at ₹2,281.4.
