NSE and BSE to Introduce T+0 Settlement Beta Version with 25 Selected Stocks

National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are set to introduce a game-changing T+0 trade settlement system, departing from the traditional T+1 cycle starting March 28. Initially focusing on 25 selected stocks, this move aims to revolutionize Indian market dynamics by enabling real-time transactions.

The new system will operate within a continuous trading session from 9:15 am to 1:30 pm, offering investors an extended window for swift trade executions. Despite the shift, fees and charges applicable to T+1 settlements will remain unchanged, ensuring consistency in market operations.

Under the regulatory framework outlined by SEBI, stringent criteria will govern participation in the T+0 segment, ensuring adherence to prescribed timelines and risk management protocols. To maintain market stability, a price band of +100 basis points from the prevailing T+1 market price will regulate trading activities, with recalibration after significant movements. Additionally, stocks traded under T+0 will not influence index calculations or settlement prices, emphasizing the segregation of real-time settlements from traditional market mechanisms.