SEBI Notifies Uniform Expiry Days for Equity Derivatives to Enhance Market Stability

SEBI mandates uniform expiry days for equity derivatives to enhance market stability. The new framework standardizes contract expiries across major indices, requiring them to occur on Tuesdays or Thursdays. This aims to reduce arbitrage opportunities that might arise from differing expiry cycles and optimize the spacing between expiry days. By implementing this standardization, SEBI seeks to minimize volatility and potential hyper-activity typically observed on expiry days, thereby improving overall market efficiency, risk management, and stability within the Indian equity derivatives segment.