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Sebi extends optional T+0 settlement cycle to top 500 stocks in cash market
The New Indian Express Kannur
|December 11, 2024
MARKETS regulator Securities and Exchange Board (Sebi) on Tuesday extended the scope of optional T+0 rolling settlement cycle in equity cash markets to the top 500 stocks and said stock brokers can charge differential brokerage for T+0 and T+1 settlement cycles, within regulatory limit.
In a circular, Sebi said the optional T+0 settlement cycle will be made available to top 500 scrips in terms of market cap as of December 31, 2024. It also said all brokers are allowed to participate in the optional T+0 settlement cycle and are free to charge differential brokerages for T+0 and T+1 settlement cycles but within the regulatory limit. From October 2, 2024, the top 25 stocks are eligible for the T+0 settl
This story is from the December 11, 2024 edition of The New Indian Express Kannur.
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