Indian stock market is testing for same-day trade settlement (T+0), making it faster than even Wall Street! But is lightning speed really the best approach? Remember that long settlement cycles can give birth to frauds like the 1992 Harshad Mehta scam when settlements used to take 2 weeks. After the 1992 scam, it was reduced to T+7. This episode of the Morning Brief podcast will explore the potential benefits and drawbacks of T+0 settlements. Host Nikhil Agarwal discusses with Sunil Sanghai of NovaaOne Capital, Nilesh Sharma of Samco Securities, and ET s Associate Editor Sugata Ghosh the potential challenges that the system might face in handling real-time settlements, along with the concerns some foreign investors (FPIs) have expressed about T+0. Tune in!
SEBI proposes real-time stock settlements in India - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
India Aims for Instant Stock Settlement in Global Race for Speed bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
India Business News: India's regulator, Securities and Exchange Board of India (Sebi), has proposed same-day settlement for stock trades starting in March, with a move tow
Sebi is proposing to start same-day settlement from March, before moving to a real-time process in 2025. The shorter cycles will be optional for investors and run alongside the existing system where trades are settled in one day, or T+1 in industry parlance.