SEBI plans to introduce optional T+0 settlement by March 28, making Indian stock market transactions instantaneous.
SEBI plans to introduce T+0 settlement, offering instantaneous settlement, on an optional basis by March 28. The move aims to make regulated markets competitive and offer similar advantages as other investment options like cryptocurrency. Currently, the Indian stock market operates on a T+1 settlement cycle. T+0 settlement means trades will be settled immediately on the same day, offering advantages such as instant receipt of funds and securities for investors.
March 11, 2024
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