T+0 settlement: T+0 settlement to be optional at first, limited to 25 stocks
Mumbai: The Securities and Exchange Board of India (Sebi) said on Thursday that the same-day stock trade settlement process to be launched on March 28 will be optional and limited to a few stocks. This ‘beta version’ is aimed at ensuring that the shorter settlement cycle functions smoothly before its full-fledged launch. Currently, Indian equity … Read more
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