Sebi mandates a single VWAP contract note for trade reporting. Who benefits and why it matters
Sebi
) on Wednesday mandated the use of a Common
Contract Note
(CCN) with a Single Volume Weighted Average Price (
VWAP
), effective June 27, 2025. This move aims to simplify post-trade processes and enhance ease of doing business for
institutional investors
.
Until now, institutional investors and market participants were burdened with separate trade confirmations from each exchange, leading to cumbersome reconciliation, settlement complexities, and increased compliance challenges.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Elegant New Scooters For Seniors In 2024: The Prices May Surprise You
Mobility Scooter | Search Ads
Learn More
Undo
Responding to long-standing demands from industry stakeholders, Sebi, in collaboration with exchanges and clearing corporations, has developed a single, consolidated contract note mechanism with a uniform VWAP.
Under the new system, all trades executed across multiple exchanges will be consolidated into a single, harmonised contract note, significantly simplifying post-trade reporting. This eliminates the need for investors to process and reconcile multiple contract notes, streamlining the settlement workflow.
The reform is expected to boost cost efficiency, reduce manual errors, and ease the compliance burden on brokers, institutional investors, and custodians. Additionally, it aligns with the Common Clearing interoperability framework, ensuring consistent and standardised trade reporting across the capital markets ecosystem.
Live Events
Market participants have hailed the move as a game-changer for back-office operations, with many expecting it to improve transparency and operational efficiency in India's capital markets. By reducing paperwork and introducing uniformity, the single VWAP contract note represents a major step towards modernising India's trading infrastructure in line with global best practices.
In another significant development, Sebi has decided to open a special window for the re-location of
transfer deeds
that were submitted before the April 1, 2019 deadline but were rejected, returned, or left unattended due to deficiencies in documentation, process, or other reasons. This window will remain open for six months, from July 7, 2025, to January 6, 2026.
This initiative aims to facilitate easier investing for investors and to safeguard their rights in securities they had purchased earlier.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
32 minutes ago
- Time of India
Delhi University activates 3-year degree exit from FYUP
PTI file photo NEW DELHI: Delhi University has issued a notification allowing students enrolled under the Four-Year Undergraduate Programme (FYUP) to exit the course after completing the third year with a degree, marking a major step in the implementation of the National Education Policy (NEP) 2020. The official notification issued on Thursday states that students who have successfully completed six semesters (three years) under the UG Curriculum Framework 2022 are eligible to exit with a three-year degree - a general degree for multi-core discipline programmes or an Honours degree for single-core disciplines. "Students interested in availing the above option can log in to the university's student portal at https: and submit their intent through the designated online process," the notification reads. It further advised students to "carefully evaluate their academic and career goals" and consult teachers and mentors before opting for the early exit. The move comes as Delhi University prepares to launch the fourth and final year of the FYUP this August. Introduced under NEP 2020, the FYUP extends undergraduate courses from three to four years and offers multiple entry and exit options, allowing students to receive a certificate, diploma or degree after completing one, two or three years, respectively. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like These Family Photos Are So Funny You Can't Miss Them HouseCultures Undo The fourth year provides an opportunity for research specialisation. While the new structure is intended to provide flexibility and deepen academic engagement, it has also sparked concerns over infrastructure gaps, incomplete curriculum, and a lack of preparedness among colleges and faculty. Vice-Chancellor Yogesh Singh, in an interview with PTI in May, acknowledged these concerns but asserted, "Facilities will be created. This is the first time the focus is on research, entrepreneurship and skill... this fourth year will be a game changer." As the university moves forward with the transition, the latest exit option notification is expected to offer students greater autonomy and clarity in navigating their academic paths under the evolving framework of higher education.
Time of India
44 minutes ago
- Time of India
How to Make a Money Bowl: Ingredients, Timing, and Do's & Don'ts
What if I told you a humble bowl could unlock a flood of abundance? Yep, you read that right! A money bowl is your ticket to inviting wealth into your life. It's a fun, hands-on way to manifest financial goals, blending symbolism with a sprinkle of faith. The method is perfect for beginners and pros alike. Let's find out what you'll need, when to make it, and the must-know dos and don'ts of making a money bowl - What is a Money Bowl? A money bowl is like a mini treasure chest for your dreams. It's a container you fill with items that invite fortune, like cash, coins, herbs, and shiny crystals. Place it somewhere special, and it works like a constant reminder of your financial intentions. It's not just decor; it keeps you tuned into prosperity. Ingredients You'll Need You don't need anything fancy or expensive to get started. The magic is in the meaning, not the price tag. Here's what you'll need: A small bowl (ceramic or glass works best) Coins and notes (any currency) Bay leaves (for attracting luck) Cinnamon sticks (for fast money flow) Rice or salt (for stability) Crystals like citrine or pyrite (optional, but great for abundance) A written affirmation or intention (something like, 'Money flows to me easily and often') Timing matters! While you can make a money bowl anytime, aligning your ritual with a new moon or Thursday (the day of Jupiter, planet of growth) can give your intentions an extra boost. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo Skip the waning moon or days you're stressing about bills; keep the energy positive. Do's & Don'ts Do: Keep your bowl clean and tidy. Dust and clutter block energy. Refresh the contents every few weeks to keep intentions active. Place your bowl somewhere visible, but private enough that it feels personal. Don't: Worry about 'doing it wrong'. Your intention is what matters most. Let the bowl become a catch-all for random items. Forget to express gratitude for any abundance, big or small. A money bowl is about shifting your mindset, opening up to possibility, and reminding yourself that abundance is always within reach. Try it, and watch what unfolds. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Business Standard
an hour ago
- Business Standard
Mobikwik Securities Broking receives SEBI approval to commence stock broking biz
Mobikwik Securities Broking (MSBPL), a wholly-owned subsidiary of One MobiKwik Systems (MobiKwik), has received regulatory approval from the Securities and Exchange Board of India (SEBI) to act as a Stock Broker / Clearing Member. The certificate of registration was issued by SEBI on 01 July 2025, enabling MSBPL to carry on the activities of buying, selling, dealing, clearing and settlement of equity trades. Since its inception, MobiKwik has transformed from a digital payments company into a diverse fintech platform. The Company operates a consumer payments business at scale with an extensive network of over 176.4 million users and 4.6 million merchants. Its credit distribution business is expanding rapidly, while its wealth distribution vertical is building traction through a diverse product portfolio, including Fixed Deposits (FDs), Mutual Funds (MFs), Systematic Investment Plans (SIPs), Digital Gold, and This license strategically positions MobiKwik to accelerate growth in its wealth distribution vertical and broaden its offerings throughout the capital markets ecosystem, reinforcing its transformation into a comprehensive fintech platform.
