To herald operational effectivity and ease for market individuals, inventory exchanges have determined that each one shares on which derivatives contracts can be found will probably be transitioned to T+1 settlement in a single batch from January 2023 as an alternative of two separate batches, in response to a joint assertion from the exchanges.
As per the sooner schedule, shares on which futures and choices (derivatives) can be found are to be transitioned to T+1 settlement in two batches — December 2022 and January 2023. Accordingly, exchanges will revise the unique schedule for transition of shares to T+1 settlement and difficulty the round informing the checklist of shares to be transitioned in December 2022 and January 2023, the assertion stated.
