MUMBAI – In line with the directions by the Securities and Exchange Board of India (Sebi), stock exchanges will introduce the same-day or T+0 trade settlement for a limited set of securities from March 28. The beta version of T+0 settlement will be introduced for a limited set of 25 scrips and with a limited … Read more
T+1 (trade plus one) means that trade-related settlements will be cleared within a day of the actual transactions. Earlier, trades on the Indian exchanges were settled in two working days after the transaction took place(T+2). The stock exchanges, NSE and BSE, earlier in a joint statement, announced that they would implement the T+1 settlement cycle … Read more
With the shorter trade settlement cycle in the Indian equity market set to come into force later this week, most experts expect the transition to be smooth given the phased implementation of the same by stock exchanges. With the last leg of implementation in index stocks and those traded in the derivatives market, India will … Read more