Regulatory Alerts2025-04-29
Extension of Timeline for Optional T+0 Settlement Cycle Implementation for Qualified Stock Brokers
The Securities and Exchange Board of India (SEBI) has extended the deadline for Qualified Stock Brokers (QSBs) to implement systems for the optional T+0 settlement cycle from May 1, 2025, to November 1, 2025. This adjustment follows feedback from QSBs and discussions with market infrastructure institutions to ensure smooth implementation of the provisions originally mandated by the December 10, 2024 circular. All other provisions of the earlier circular remain unchanged, and Market Infrastructure Institutions are advised to update their systems and regulations accordingly.
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