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June 23, 2022
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,
- 74 more securities (total of 161) of NSE will be added to the T+1 settlement
- 452 more securities (total of 1804) of BSE will be added to the T+1 settlement
Important points for stocks under T+1 settlement in the Cash segment:
- The stocks traded will be settled on T+1 day.
- The MTF (Margin Trading Facility) Pledge Request must be authorized by 9:00 PM on T day for MTF funding.
- 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
