SEBI boss shoots down F&O expiry ban
On Friday, Securities and Exchange Board of India Chairman Tuhin Kanta Pandey stated that the regulator will implement any changes to the futures and options segment gradually and carefully. He confirmed that stopping weekly expiries is not an option, noting many traders rely on them. Pandey spoke at an event in Mumbai.
SEBI is collecting and studying extensive data on trading patterns in the derivatives market. The regulator will share its findings through a public consultation before taking further steps. Pandey added that some new rules for the derivatives market are already in place, though not all have taken effect yet.
Separately, SEBI pushed back the deadline for Qualified Stock Brokers to set up systems for the optional T+0 settlement cycle in the equity cash market. The move follows feedback from brokers about operational challenges ahead of the original November 1, 2025, cutoff. SEBI will announce a new timeline to ensure investors can join the T+0 cycle without disruption.
