About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Indian Equity Market Prepares to Finalise T+1 Settlement

Subscribe to our newsletter

On January 27th, India’s move to T+1 settlement will be complete, when all large cap and blue chip stocks listed on Indian stock exchanges will move from T+2 to T+1 settlement, allowing buyers to receive shares and sellers to receive funds just one day after trading rather than the current two-day cycle.

The move to T+1 settlement in India has followed a phased approach over the last year, starting with the lowest value stocks in February 2022. Every month since then, another 500 stocks have been added to the T+1 settlement cycle. The transition will conclude when all large cap and blue chip stocks move over on January 27th.

As well as increasing efficiency, the faster settlement cycle is expected to enhance market liquidity, as market participants will be able to trade more as a result of funds and shares moving more quickly.

“India’s full transition to T+1 settlement is the first step in homogenising settlement cycles around the world,” says Philip Slavin, CEO of Taskize, the inter-company workflow solutions company owned by Euroclear. “However, unlike the global nature of the US markets, most of the trading in India is domestic. In contrast, US securities globally trade and settle across US, Europe and Asia. As a result, increased complexity due to time zone differences must be considered.”

Other stock markets around the world – particularly the US, where most stocks are settled on a T+2 basis – will no doubt be watching India with interest.

“The common tactical approach of ‘throwing more bodies’ at the problem is no longer viable when physical distance makes the logical clock tick faster,” says Slavin. “This must be the year everyone has to prepare for the US move to T+1 so solutions that are available today that can be deployed quickly with minimal risk can help release the time pressure on settlement processing.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

CloudMargin and Derivative Path Partner on Integrated Derivatives and Collateral Management

CloudMargin, the collateral management technology provider, and Derivative Path, the derivatives management platform, have entered into a strategic partnership to deliver an integrated front-to-back workflow for over-the-counter derivatives and collateral management, targeting regional and community banks as well as buy-side institutions. The partnership brings together Derivative Path’s DerivativeEDGE platform and CloudMargin’s cloud-native collateral and margin...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...