Standard CycleT+1 Rolling
Optional TrackT+0 Same-Day
Role FitTrade Support & Settlement
What Changed / Key Developments
- Standard Indian cash equity trades settle on T+1, leaving narrow intraday windows between execution and clearing confirmation.
- Optional T+0 rolling settlement operates alongside T+1 for eligible securities, demanding immediate affirmation and pre-funded readiness.
- Exception queues must prioritise unconfirmed block trades and mismatched settlement instructions ahead of exchange cut-offs.
Why It Matters for Finance & Banking Teams
Middle- and back-office investment banking operations teams in India and custodian GCCs track affirmation timelines closely. Interviewers frequently test whether freshers understand why faster settlement raises the cost of manual trade breaks.
Primary ReferenceSEBI Optional T+0 Settlement Circular
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