Exchanges to rollout T+1 settlement cycle in equities from February 25

Stock exchanges said that the bottom 100 stocks based on daily market capitalisation averaged in October will be brought under the new settlement system followed by 400 stocks in March. The last batch of stocks will be brought under the new system by January 27, 2023.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3wtNH42