Consultation paper on ‘Introduction of optional T+0 and optional Instant Settlement of Trades in addition to T+1 Settlement Cycle in Indian Securities Markets’

SEBI has issued Consultation paper on ‘Introduction of optional T+0 and optional Instant Settlement of Trades in addition to T+1 Settlement Cycle in Indian Securities Markets’ on December 22, 2023. Public comments are also solicited on the following:

1. Should SEBI move towards a shorter settlement cycle in the form of instant settlement?
2. Optional T+0 and Optional Instant Settlement of Trades in Indian Securities Market?
3. Is the proposed mechanism a right step towards developing and increasing investor confidence in the securities markets?
4. Do you see any challenges and risks associated with the proposed mechanism apart from those highlighted in the consultation paper?
5. If yes, please highlight the same along with possible mitigation measures?
6. Should the proposed mechanism be made available only for top 500 listed equity shares?

Comments/suggestions may be sent by email to Shri Suman Kumar, Assistant General Manager (e-mail id:sumank@sebi.gov.in),Shri Dhanush Kumar Reddy, Manager(e-mail id: dhanushs@sebi.gov.in)and mrd_pod3@sebi.gov.inlatest by January 12, 2024.