SEBI has mandated the issuance of a Common Contract Note with a single volume-weighted average price starting June 27 to simplify post-trade reporting.
The decision aims to provide uniformity in post-trade communication based on feedback from market participants, enhancing trading ease for institutional investors.
This move introduces a single consolidated contract note mechanism with uniform VWAP, streamlining the reporting process across multiple exchanges into a single document.
The reform seeks to enhance cost efficiency, reduce compliance burdens, and ensure consistent trade reporting aligned with the CC interoperability framework.