The National Stock Exchange (NSE) on January 15, 2025, issued the notification regarding the Enablement of Trading in T+0 rolling settlement cycle for Custodial Participants.
The following has been stated namely: -
• The scope of optional T+0 rolling settlement cycle has been enhanced in addition to the existing T+1 settlement cycle in Equity Cash Markets and in partial modification to chapter 1.6 - T+0 Settlement of Exchange.
• Members are required to note the below applicability for Trading in T+0 settlement:
Eligible participants / orders – PRO/CLI orders including Custodial Participant code. Excluding INST
• The effective date for the above changes shall be February 10, 2025.
Similar notifications have been issued in the following departments namely: - Emerge Capital Market (Equities) Trade
[Notification No. NSE/CMTR/66128]