BSE to Introduce T+0 Settlement for Block Deal Trading from May 2, 2025

In a significant move to deepen market infrastructure, the Bombay Stock Exchange (BSE) has announced the implementation of block deal trading under the T+0 settlement cycle. This initiative, commencing on 2 May 2025, is in accordance with the Securities and Exchange Board of India’s (SEBI) circular dated 10 December 2024, which aims to broaden the scope of optional T+0 rolling settlements.

New Trading Framework and Parameters

The new T+0 facility will operate alongside the current block deal window, functioning under the T+1 settlement cycle. BSE confirmed that this parallel framework is designed to offer flexibility while maintaining regulatory integrity. The trading segment will be equity, and the scrip symbol used for T+0 securities will be the same as the T+1 security, with a “#” suffix (e.g., HINDMOTORS#).

Eligible securities will include all those listed under the T+0 settlement cycle. The morning block deal window is scheduled from 8:45 am to 9:00 am. The block reference price will be the previous day’s closing price or the adjusted close price of the corresponding T+1 security. Price bands will be confined to (+/-)1% of the block reference price, and the minimum order size will be ₹10 crore.

Operational Details and Compliance

In the T+0 block deal window, custodian participant (CP) codes will be allowed, excluding ‘INST’ orders. All other existing compliance and reporting obligations applicable to block deals will remain unchanged, ensuring consistency in governance and execution.

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BSE Share Performance 

As of April 29, 2025, at 12:00 PM, BSE share price is trading at ₹6,692.50 per share, reflecting a surge of 1.95% from the previous closing price. Over the past month, the stock has surged by 22.44%. 

Conclusion

The BSE’s introduction of the T+0 block deal trading mechanism marks a key regulatory development aligned with SEBI’s broader market reforms. By offering an optional T+0 cycle, the exchange seeks to enhance settlement efficiency without disrupting the current system.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.