T+1 settlement in a phased manner from next February

Stock exchanges, clearing corporations and depositories have finalised the road map to roll out the next-day rolling settlement cycle for equity trading from Feb. 25. The T+1 settlement cycle will be implemented in a phased manner, the market infrastructure institutions said in a joint statement on Monday. More than 5,000 stocks will be transitioned to the shortened cycle between February 2022 an

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