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July 29, 2022
T+1 Settlement: July 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 29-Jul-22:
- 113 more securities (total of 274) of NSE will be added into T+1 settlement
- 451 more securities (total of 2255) of BSE will be added into T+1 settlement
Important points for stocks under T+1 settlement in 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.
Refer: NSE Circular | BSE Circular | Overview of T+1 settlement
