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India's SEBI to partly reverse derivative settlement rules, sources say
Original: EXCLUSIVE: India markets regulator to partly reverse derivative settlement rules after pushback, sources say
India's markets regulator is preparing to partially reverse new rules on cash settlement of equity derivatives after pushback from market participants, sources told Reuters. The rollback would ease a regulatory move that had unsettled traders and brokers, and an official announcement is expected soon.
Why now: Traders and brokers have been actively pushing back on the rules, and investors are watching for the regulator's reversal and its impact on derivatives trading.
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