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

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

Date: 20 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes 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...

BLOG

FIX Trading Community Unveils Reforms to Boost European Markets

The FIX Trading Community has put forward a series of proposals aimed at enhancing the transparency and appeal of European capital markets. In a whitepaper titled “FIXing Europe – How the European Consolidated Tape can radically improve the image of European capital markets,” the industry association outlines four key reforms to address long-standing issues with...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Enterprise Data Management, 2009 Edition

This year has truly been a year of change for the data management community. Regulators and industry participants alike have been keenly focused on the importance of data with regards to compliance and risk management considerations. The UK Financial Services Authority’s fining of Barclays for transaction reporting failures as a result of inconsistent underlying reference...