Instant settlement of share transactions in the works: Sebi chief
Instant settlement of share transactions in the works: Sebi chief
The Securities and Exchange Board of India (Sebi) is working on an ambitious plan to settle secondary market trades on a real-time basis. The proposal comes less than a year after the trade settlement cycle was shortened from T+2 (T denotes trade day) to T+1. The markets regulator is also working on an overhaul [...]
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