LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Sebi extends market trading hours; here's what experts say

We still need to see if the extended timings will be for all securities or securities in equity derivatives market will trade till the time underlying equities trade and only indices will be allowed to trade for extended hours.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Sebi extends market trading hours; here's what experts say
The extended timing is similar to the trading hours for commodity derivatives segment. Image source: PTI
Written By: Aprajita Sharma
Updated: Mon, May 07, 2018
02:46 pm
ZeeBiz WebDesk
RELATED NEWS
NSE Glitch: In chat with Anil Singhvi, Brajesh Mishra reveals details of 'strongly worded' letter trading association shot off to SEBI NSE Glitch: In chat with Anil Singhvi, Brajesh Mishra reveals details of 'strongly worded' letter trading association shot off to SEBI
Anil Singhvi reveals why Sebi is on right path regarding compensation for losses of traders, investors from tech glitches Anil Singhvi reveals why Sebi is on right path regarding compensation for losses of traders, investors from tech glitches
Govt to decriminalise 12 offences under Limited Liability Partnership (LLP) Act Govt to decriminalise 12 offences under Limited Liability Partnership (LLP) Act
ICICI Bank settles case with Sebi; pays Rs 28.40 lakh ICICI Bank settles case with Sebi; pays Rs 28.40 lakh
Sebi moots new ownership framework for setting up mkt infrastructure institutions Sebi moots new ownership framework for setting up mkt infrastructure institutions

Markets regulator Sebi allowed exchanges to extend the trading time in equity derivatives contracts by more than eight hours till almost midnight from October 1. Currently, trading is allowed from 9.15 am till 3.30 pm. The move comes in the backdrop of market regulator's efforts to enable integration of stocks and commodities trading on a single exchange.

"It has been decided to permit stock exchanges to set their trading hours in the equity derivatives segment between 9:00 am and 11:55 pm," Sebi said in a circular.

The extended timing is similar to the trading hours for commodity derivatives segment which are presently fixed between 10 am and 11:55 pm, the circular added. 

Ajay Menon, CEO, Broking & Distribution, Motilal Oswal Securities believes extended trading hours could be useful to provide an opportunity to hedge the market risk beyond the regular trading of existing cashmarket hours between 09:15 to 093:30 pm. 

"The latest decision of Sebi and implementation of the same by stock exchanges may bring Indian market in line with International market but volume may get scattered at different time slots compared to the trading pattern at the current scenario which may cause comparatively lesser trading depth for certain stock futures becauase of scattered time of the trading hours," Menon said. 

For a broker, howver, it will result in extra cost as they will have to revise their policy for risk management, execution, survilience and feasibility of additional resources for longer trading hours but at the same time it would be helpful to get more business if it really attracts more trading turnover. 

Menon also suggested that as per current context if it is applicable for Indian Equity derivatives market, then it should first include the framework of settlement process, system capability, availability of man power, survilience, and risk management system.

"There is no clarity on what type of derivatives will be traded in the extended hours and if derivative trades for longer time then exhanges need to understand what will be the effect of tradional cash market gap up or gap down opening," he said. 

Meanwhile, Ashish Rathi, Head of Compliance and Whole-time Director, HDFC securities believes the extended timing for equity derivatives is an enabling provision by Sebi for exchange timings to be between 9 am to 11.55 pm. 

"In our perspective, this move will align with commodities market timings. However, we will have to wait for exchanges to implement the same with prior approval of Sebi," he said. 

We still need to see if the extended timings will be for all securities or securities in equity derivatives market will trade till the time underlying equities trade and only indices will be allowed to trade for extended hours, he added.
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Sebi
RELATED NEWS
NSE Glitch: In chat with Anil Singhvi, Brajesh Mishra reveals details of 'strongly worded' letter trading association shot off to SEBI NSE Glitch: In chat with Anil Singhvi, Brajesh Mishra reveals details of 'strongly worded' letter trading association shot off to SEBI
Anil Singhvi reveals why Sebi is on right path regarding compensation for losses of traders, investors from tech glitches Anil Singhvi reveals why Sebi is on right path regarding compensation for losses of traders, investors from tech glitches
Govt to decriminalise 12 offences under Limited Liability Partnership (LLP) Act Govt to decriminalise 12 offences under Limited Liability Partnership (LLP) Act
ICICI Bank settles case with Sebi; pays Rs 28.40 lakh ICICI Bank settles case with Sebi; pays Rs 28.40 lakh
Sebi moots new ownership framework for setting up mkt infrastructure institutions Sebi moots new ownership framework for setting up mkt infrastructure institutions

LATEST NEWS

Mann Ki Baat Latest Episode: What all PM Narendra Modi said in his popular radio programme today - Know here

REVEALED! This is the most preferred financial product to protect family post-COVID 19 pandemic

Websites of traditional media houses to come under the ambit of section 69(A) of IT Act: Report

Google fires 150 game developers hired for Stadia: Report

ISRO First Mission in 2021: Indian rocket to launch Brazilian satellite, PM Modi picture on spacecraft, space privatisation and more

Stock Market Outlook: Nifty, Bank Nifty crucial levels REVEALED; Anil Singhvi explains key reasons behind massive fall

Sovereign Gold Bonds 2020-21 scheme: Check opening, closing dates and rates

IIT Bombay releases GATE 2021 answer key—This is how you can check and raise objection

'Improved economic environment to boost FY21 credit growth'

Apple, Croma join hands on Steve Jobs' birth anniversary

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved