Current Affairs · Financial Markets
SEBI introduced the optional T+0 settlement cycle for equity markets. Consider the following statements: 1. The T+0 settlement mechanism was rolled out on an optional basis for a select set of securities and a limited number of registered brokers in its initial phase. 2. Under T+0 settlement, both funds and securities are exchanged on the same day as the trade, substantially reducing counterparty credit risk. 3. SEBI has made T+0 settlement mandatory for all equity trades in the top 100 securities by market capitalisation effective October 2024. 4. SEBI's strategic objective is to eventually transition to instantaneous (T+0 or near-real-time) settlement for all capital market participants. Which of the above statements is/are correct?
- 13 and 4 only
- 21, 2 and 4 only✓
- 32 and 4 only
- 41 and 3 only
Correct answer
1, 2 and 4 only
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