Sebi extends deadline for optional T+0 settlement for QSBs to Nov 1

Earlier in December, Sebi had said that stock brokers who are designated as QSBs must put in place systems and processes for enabling seamless participation of investors in optional T+0 settlement cycle. Under the T+0 (T refers to the day of the trade and 0 is the day of settlement) settlement, which is currently optional for market participants, trades done in shares will be settled on the same day.

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