Introduction of Beta version of T+0 rolling settlement cycle on optional basis in addition to the existing T+1 settlement cycle in Equity Cash Markets

Introduction of Beta version of T+0 rolling settlement cycle on optional basis in addition to the existing T+1 settlement cycle in Equity Cash Markets https://www.taxtmi.com/circulars?id=67274 Introduction of an optional Beta T+0 rolling settlement alongside T+1 for a limited set of 25 scrips and a limited number of brokers; all investors may participate if they meet MIIs' timelines, processes and risk requirements. Surveillance measures applicable to T+1 apply to T+0. Trading will be one continuous session; T+0 prices will be excluded from index and settlement price computation; no netting of pay-in/pay-out obligations between T+1 and T+0. MIIs must publish operational guidelines, FAQs, lists of scrips and brokers, provide fortnightly progress reports, implement systems and amend rules as required. en-us Thu, 21 Mar 2024 00:00:00 +0530 Thu, 21 Mar 2024 17:25:00 +0530 TaxTMI RSS Generator Introduction of Beta version of T+0 rolling settlement cycle on optional basis in addition to the existing T+1 settlement cycle in Equity Cash Markets https://www.taxtmi.com/circulars?id=67274 Introduction of an optional Beta T+0 rolling settlement alongside T+1 for a limited set of 25 scrips and a limited number of brokers; all investors may participate if they meet MIIs' timelines, processes and risk requirements. Surveillance measures applicable to T+1 apply to T+0. Trading will be one continuous session; T+0 prices will be excluded from index and settlement price computation; no netting of pay-in/pay-out obligations between T+1 and T+0. MIIs must publish operational guidelines, FAQs, lists of scrips and brokers, provide fortnightly progress reports, implement systems and amend rules as required. Circulars SEBI Thu, 21 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67274