INSUBCONTINENT EXCLUSIVE:
Stock markets have announced their switch to T+1 trade settlement cycleStock exchanges and other market related institutions on Monday
announced the switch to trade plus one day or T+1 settlement cycle.In a joint statement, the market players noted that they have come out
2022.Once the T+1 cycle comes into effect, the market trade-related settlements will need to be cleared within one day of the actual
transactions taking place.As of now, trades on the Indian stock exchanges are settled in two working days after the transaction is done
(T+2).The settlement cycle will be implemented in a phased manner and will apply only to the bottom 100 companies starting February 25, and
from March 2022 onwards, the next bottom 500 stocks will be available for introduction to T+1 settlement, said the joint statement.The
any of the securities available in the equity segment.
