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CAS fights teething troubles; will VWAP return on expiry days?

Mint Markets · Finance · 2026-09-07

CAS fights teething troubles; will VWAP return on expiry days?

Sebi may look to bring back old mechanism to settle derivative contracts on expiry days. The goal is to smooth out last-minute swings on settlement days, which open up gaps between the Nifty and Sensex. Derivatives contracts are settled every Tuesday on the National Stock Exchange and every Thursday on the BSE. Before CAS debuted on 3 August, stock and index derivatives were settled using VWAP.

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