印度将在2026年8月3日推出新的股票封存拍卖制度,以提高透明度和全球统一。 India to launch new stock closing auction system Aug. 3, 2026, to boost transparency and global alignment.

印度证券监管机构SEBI(SEBI)从2026年8月3日开始推出新的最后拍卖会(CAS), India’s securities regulator SEBI is introducing a new Closing Auction Session (CAS) starting August 3, 2026, to replace the current volume-weighted average price method for setting stock closing prices. 20分钟拍卖时间为下午3时15分至3时35分,最初将适用于有衍生物的股票,使用参考价格和限定阶段来确定均衡价格。 The 20-minute auction, running from 3:15 to 3:35 p.m. IST, will apply initially to stocks with derivatives, using a reference price and limit-only phase to determine the equilibrium price. 其目的是提高透明度,减少市场影响,并使印度市场与全球标准接轨。 It aims to improve transparency, reduce market impact, and align India’s markets with global standards. 公开拍卖前的拍卖也将得到更新,在2026年9月7日前全面实施。 The pre-open auction will also be updated, with full implementation by September 7, 2026. SEBI还放宽了外国投资者规则,允许对多个股票进行净结算,简化了主权支持和海外零售基金的准入,这是吸引资本和使金融系统现代化的更广泛努力的一部分。 SEBI also eased rules for foreign investors, allowing net settlement across multiple stocks and simplifying access for sovereign-backed and overseas retail funds, part of broader efforts to attract capital and modernize the financial system.