Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Issues Circular on New Stock Settlement Systems: Carry Forward, Automated Lending, Borrowing, and Continuous Net Settlement.</h1> The Securities and Exchange Board of India (SEBI) issued a circular to stock exchanges regarding the implementation of Carry Forward, Automated Lending and Borrowing, and Continuous Net Settlement (CNS) in the rolling settlement system. The circular outlines the features of these systems, including daily sessions for carry forward and lending/borrowing for up to five days. CNS allows sellers to postpone settlement obligations, providing flexibility. Eligibility criteria for exchanges and scrips will be issued separately, and risk containment measures will also be provided. Exchanges must demonstrate adequate infrastructure and seek SEBI's permission to implement these systems.