Purposive interpretation of residential house exemption: unregistered purchase agreement alone does not defeat relief, but investment must be verified...
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The circular enhances the scope of the optional T+0 rolling settlement cycle in equity cash markets by increasing the eligible scrips to the top 500 by market capitalization, allowing participation by all stock brokers including qualified stock brokers and custodians, and introducing a block deal window during the morning session exclusively for T+0 settlement. The measures aim to increase efficiency and enable seamless participation of investors in the optional accelerated settlement cycle.
The circular enhances the scope of the optional T+0 rolling settlement cycle in equity cash markets by increasing the eligible scrips to the top 500 by market capitalization, allowing participation by all stock brokers including qualified stock brokers and custodians, and introducing a block deal window during the morning session exclusively for T+0 settlement. The measures aim to increase efficiency and enable seamless participation of investors in the optional accelerated settlement cycle.
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