Monday, March 03, 2025 | 09:20 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Top FPI association welcomes India's new T+1 settlement timelines

Staggered shift leaves more time for market players to evolve solutions to meet shortened T+1 cycle without triggering pre-funding by investors in US and Europe which are 10-15 hours behind India time

T 1
Premium

Ashley Coutinho Mumbai
The Asia Securities Industry & Financial Markets Association (ASIFMA), an industry body of top foreign portfolio investors, has welcomed the announcement this Monday by the two Indian stock exchanges and their clearing corporations and depositories that they will coordinate on the move to T+1 settlement in a phased manner starting from 25 February 2022.  

"The two stock exchanges are acting in concert, avoiding any fragmentation of the market which we had feared. Also, the start date has been pushed back by two months and will apply initially to only 100 stocks that have the lowest average daily market capitalisation," said

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in