SEBI Restricts Equity Derivatives Contract Expiry to Tuesdays or Thursdays

SEBI, the financial market regulator, is changing how certain contracts related to stocks expire.

Instead of expiring on any day of the week, these contracts, called equity derivatives, will now only expire on Tuesdays or Thursdays.

This is to help make the market safer and give different stock exchanges a chance to offer unique products.

The contracts with a longer term will expire in the last week of every month.

Also, stock exchanges have to ask for permission before changing when their contracts end.

This is to make sure that markets are stable and protect investors.