T+0 trade settlement to begin from March 28; here’s all you need to know

T+0 trade settlement to begin from March 28; here’s all you need to know

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+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