Description
BSE announces settlement schedule for Futures & Options segment from September 1-30, 2025 with daily settlement dates.
Summary
BSE has published the settlement programme for the Futures & Options (F&O) segment for September 2025. The circular provides a detailed schedule mapping each trading date to its corresponding daily settlement date from September 1 to September 30, 2025.
Key Points
- Settlement programme covers the entire month of September 2025
- Each trading day has a corresponding settlement date, typically T+1
- Schedule accounts for weekends and maintains continuous settlement cycles
- Final settlement for September 30 trading will occur on October 1, 2025
- Programme issued by Indian Clearing Corporation Ltd.
Regulatory Changes
No regulatory changes introduced - this is a standard operational schedule announcement.
Compliance Requirements
- All F&O segment participants must follow the published settlement dates
- Clearing members must ensure funds and securities are available as per the schedule
- Market participants should align their operational processes with the settlement calendar
Important Dates
- Effective Period: September 1-30, 2025
- First Settlement: September 2, 2025 (for September 1 trades)
- Last Settlement: October 1, 2025 (for September 30 trades)
- Notice Date: August 7, 2025
Impact Assessment
This is a routine operational announcement with medium impact on market operations. All F&O traders, brokers, and clearing members need to align their settlement processes with this schedule. The predictable settlement cycle supports efficient market operations and risk management.
Impact Justification
Standard operational schedule affecting all F&O traders and clearing members