Stock trades to be settled in 1 hr from March 2024
The Indian stock market is set to achieve instantaneous trade settlement by January 2024, making it the first country globally to do so. As a precursor, the market will transition to a one-hour settlement cycle around March. The Sebi is currently working on the technology required for instantaneous settlements, which is expected to take some more time.
DNA News Desk
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The Indian stock market is set to achieve instantaneous trade settlement by January 2024, making it the first country globally to do so. As a precursor, the market will transition to a one-hour settlement cycle around March. The Sebi is currently working on the technology required for instantaneous settlements, which is expected to take some more time.
