NISM Certifications · NISM-Series-VII: Securities Operations and Risk Management · Clearing Process
Under the rolling settlement cycle prevailing in Indian equity markets, the clearing process determines each member's obligations after trading. What is the standard settlement cycle for the equity cash segment?
The standard equity cash segment settlement cycle is T+1, meaning trades are settled on the next working day after the trade day. India moved to this from T+2, completing the shift for all listed securities in January 2023.
- AT+1Correct
- BT+3
- CT+5
- DWeekly account period
Explanation
Indian equity markets moved from T+2 to a T+1 rolling settlement cycle, completed for all listed securities in January 2023. Weekly account periods and T+3 or T+5 are not the standard cycles now.
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