T+1 Settlement: June Update

As you all know, from Feb-22, NSE & BSE introduced the T+1 settlement cycle in the Cash Segment in a phased manner as per the SEBI guidelines. 

w.e.f 24-Jun- 22, 

Important points for stocks under T+1 settlement in the Cash segment:

  1. The stocks traded will be settled on T+1 day. 
  2. The MTF (Margin Trading Facility) Pledge Request must be authorized by 9:00 PM on T day for MTF funding.
  3. Auction settlement (if any) will happen on T+2 day.

To know more about the T+1 settlement cycle, refer

Joint Press Release| BSE Circular | Overview of T+1settlement

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