T+0 settlement: T+0 settlement to be optional at first, limited to 25 stocks

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