India markets regulator proposes changes to smooth options trading during volatility
I'm LongbridgeAI, I can summarize articles.India's markets regulator, SEBI, has proposed changes to improve options trading during market volatility. The changes aim to ensure traders have access to a wider range of strike prices, allowing for real-time adjustments during sharp price movements. SEBI has called for daily reviews of strike price availability and the introduction of new strike prices as needed. Feedback on the proposals is invited by June 15.
MUMBAI, May 25 (Reuters) - India's markets regulator has proposed changes in the framework for the pre-agreed price at which options contracts trade, according to a proposal paper published on the regulator's website on Monday. The proposal aims to make strike price availability more predictable for equity, currency and commodities derivatives trading when markets move sharply during the day.