NSE puts off roll-out of T+0 share transaction settlement cycle

The National Stock Exchange (NSE) on Friday deferred the implementation of the same-day transaction settlement (T+0, or rolling settlement) cycle in the capital market segment. 

The revised date will be announced later, an NSE circular said.

The T+0 settlement cycle allows trades to be settled on the same day they occur. In T+0, the transfer of shares to the buyer's account and funds deposited in the seller's account happen on the same day of the trade.

The T+0 mechanism was introduced in March 2024 alongside the standard T+1 system. 

Mock trading sessions

The NSE also announced that it will conduct mock trading sessions for the capital market segment and futures and options (F&O) segment from its disaster recovery (DR) site on September 28. 

NSE will conduct a live trading from the disaster recovery site from September 30 to October 1.

“Members are requested to note that the Exchange Contingency Tests shall be carried out between 12:00 PM to 01:00 PM for mock trading on Saturday, September 28, 2024. Members are requested to plan their activities accordingly,” NSE said.

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