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Bloomberg Quint

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Image Credit: Bloomberg Quint

SEBI Mandates Unified Contract Note With Single VWAP

  • 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.

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