Trade-plus-One (T+1) Settlement Cycle

On 27th January, 2023, India become the second country in the world after China, to start the ‘trade-plus-one’ (T+1) settlement cycle in top listed securities.

  • The phased transition had begun on February 25, 2022, following markets regulator Securities and Exchange Board of India (SEBI)’s circular in September 2021.

About Trade-plus-one’ (T+1) Settlement Cycle

  • The T+1 settlement cycle means that trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction. (T stands for the trading day).
  • For example, under T+1, if a customer bought shares on Wednesday, they would be credited to the customer’s demat account ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy March 2023 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Economy Watch