Stock Market: ‘Sebi is ready with tech to power 1-hour settlement cycles’
MUMBAI: Settlement of stock trades is set to change dramatically by 2024. “From January 2024, the Indian market would move to an ASBA-like trading cycle, and in about 2-3 months after that, we would move to a one-hour settlement cycle,” a Sebi source said. “We are ready with the technology that would power the one-hour … Read more