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SEBI to launch optional T+0 settlement trial

Published on Mar 18, 2024 14:33

The Securities and Exchange Board of India (SEBI) announced a pilot program for same-day trade settlement (T+0). Starting March 28th, a limited set of brokers will be able to offer T+0 settlement for 25 specific stocks. This is an optional program, meaning traditional T+1 settlement will still be available.

SEBI aims to gather feedback from participants during this beta phase. They will review progress after three and six months to determine the program`s effectiveness and future implementation.

In addition to the T+0 trial, SEBI also approved measures to streamline business operations for foreign portfolio investors (FPIs).

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