Reducing settlement time and hence increasing operational efficiency of dealing in Indian securities can further draw and retain investors into this asset class, its consultation paper said.
T+0 settlement by March 2024, instantaneous settlement in 2025, both to co exist: SEBI Chief moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
SEC proposed rule would shorten the process of confirming and affirming trade information necessary to prepare a transaction for settlement and add a new requirement for central matching service providers to facilitate the achievement of straight-through processing