SEBI Press Release Dated 02/07/2025 – Contract Note with Single Volume Weighted Average Price (VWAP)

The Common Contract Note (CCN) with a Single Volume Weighted Average Price (VWAP) has been made mandatory, effective 27th June 2025. This reform addresses previous complexities where separate trade confirmations were required for each exchange, leading to intricate reconciliation, settlement, and regulatory compliance challenges. The new system is designed to streamline post-trade reporting by consolidating trades across multiple exchanges into a single, harmonized document. 

(Link: SEBI Press Release Dated 02/07/2025)

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