Under draft regulations, clearing banks will have to complete payment and securities settlement between 11.30am and 12.30pm on T+2.
July 7, 2022Nellie Dagdag considers the implications of a move to T+1 settlement cycle for equities in Asia Pacific, and the benefits it will bring.
June 15, 2022Shortening the settlement cycle to T+1 is expected to reduce risks and costs for the securities industry, but also present challenges for foreign market participation.
December 8, 2021T+1 settlement will now be introduced in a phased manner, starting with the smallest stocks on 25 February, and ending with the biggest stocks around January 2023.
November 10, 2021To support T+1 settlement, FPIs and their service providers would need to completely re-engineer the settlement and funding process, ICI says in a letter to SEBI.
October 25, 2021BSE has told members and vendors to make necessary changes to their trading applications to ensure T+1 is supported.
October 21, 2021ASIFMA, Asia TraderForum and The Investment Association have issued an open letter on behalf of FPIs asking SEBI to delay implementation of T+1 settlement.
September 30, 2021SEBI chairman Ajay Tyagi says moving to T+1 settlement will be good for all participants and not lead to liquidity fragmentation.
September 22, 2021Project Ion will create an alternative clearance and settlement option for US equity markets that leverages distributed ledger technology.
September 16, 2021Stock exchanges may choose to offer T+1 settlement on any scrip, after providing the market advance notice of at least one month.
September 8, 2021