SEBI is reported to have moved back to VWAP settlement following CHAOS, according to the headline supplied for this report.
What is known
The available material identifies a change involving VWAP settlement and links it to CHAOS. It does not provide details on the timing of the move, the specific rules affected, the meaning of CHAOS in this context or the reasons behind the decision.
Why the move matters
A return to a previous settlement approach could be relevant to market participants, but the supplied information does not explain the expected operational or market impact. Further reporting would be needed to establish how the change may affect trading, settlement processes or investors.
For now, the confirmed information is limited to SEBI’s reported return to VWAP settlement after CHAOS.