How Indian stock markets work: exchanges, brokers, depositories and settlement
Who does what in the Indian stock market, how a trade travels from order to settlement, trading hours, circuit limits and how indices work, in plain language.
Who does what in the Indian stock market, how a trade travels from order to settlement, trading hours, circuit limits and how indices work, in plain language.
Sebi chairman Tuhin Kanta Pandey said the regulator received over 3,500 comments on its review of the Closing Auction Session, expiry settlement and market timings. The consultation paper set out seven proposals.
T+1 means a trade settles one working day after it is made. What settles, why it matters for dividends and record dates, and how it differs from the older T+2.