In an innovative move, Sebi has rolled out Demat 2.0, a pilot scheme aimed at tokenising corporate bonds. This initiative facilitates rapid settlement and instant fund retrieval for investors. It automates interest and redemption payments through smart contracts, while atomic settlement mitigates risks by coordinating the release of bonds and payments seamlessly. Future developments will broaden this system’s reach to secondary markets and individual investors.
Explained: What Sebi’s proposed CAS changes mean for expiry-day trading and settlement
The regulator has proposed two options for determining expiry-day settlement prices for index and stock derivatives, changes to the timing of the continuous trading session