The Securities and Exchange Board of India (Sebi) will discuss with market players about longer-tenure derivatives contract. Though there are no regulatory restrictions on introducing longer-term contracts, the regulator said it needs to understand what are the challenges that holds back market players on this front. Currently, derivatives contracts available in India expire on weekly and monthly basis. “We need to discuss with market participants about what is holding them back (to introduce long-term derivatives),” Chairman Tuhin Kanta Pandey said in a press conference on Friday. The regulator will look to resolve the barriers after getting a better understanding about them, he added.