India Aims for Instant Stock Settlement in Global Race for Speed
- Sebi proposes move to instant stock trade settlement in phases
- Faster clearing process faces resistance from some investors
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India’s regulator wants stock trades to be settled instantly, racing far ahead of other major markets in pushing reforms meant to attract more investors.
The Securities and Exchange Board of India is proposing to start same-day settlement from March, before moving to a real-time process in 2025. The shorter cycles will be optional for investors and run alongside the existing system where trades are settled in one day, or T+1 in industry parlance.