Mumbai, July 3 -- The Securities and Exchange Board of India (SEBI) has mandated the use of a Common Contract Note (CCN) with a Single Volume Weighted Average Price (VWAP), effective from 27 June 2025. The move is aimed at simplifying post-trade processes and easing the operational load on institutional investors and market participants.

The new system replaces the earlier practice where participants received separate trade confirmations for each exchange. This often led to complex reconciliation processes, settlement delays, and increased regulatory compliance efforts.

Following representations from market participants, the decision was taken to introduce a uniform post-trade communication process. Developed in collaboration with key s...