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The Times of India

Business

PTI

T+1 settlement cycle for all F&O stocks from January: Stock exchanges

NEW DELHI: To bring in operational efficiency, stock exchanges on Wednesday said that all stocks, on which derivatives contracts are available, will be transitioned to the T+1 (trade plus one day) settlement cycle from January 2023.

Earlier, future and options (F&O) stocks were to be transitioned to the T+1 settlement in two batches -- December 2022 and January 2023, according to a joint statement issued by market infrastructure institutions (MIIs) -- stock exchanges, clearing corporations and depositories.

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