SEBI Proposes Two Optional Settlement Cycles For Trade
The Securities and Exchange Board of India has recently unveiled a Consultation Paper introducing potential changes to settlement cycles in the stock market. These proposed changes include the introduction of two optional settlement cycles; T+0 Settlement Cycle and Instant Settlement Cycle. Unlike the traditional T+1 (Trade Day + 1 day) cycle, these new options aim to provide market participants with flexibility and faster settlement alternatives.
Source: ndtvprofit.com