Description

Daily settlement schedule for Futures & Options segment covering trading period from September 1-30, 2025.

Summary

BSE has announced the daily settlement programme for the Futures & Options (F&O) segment for September 2025. The notice provides the complete trading and settlement calendar for the month, establishing T+1 settlement cycle for all F&O transactions.

Key Points

  • Settlement programme covers September 1-30, 2025 trading period
  • Standard T+1 settlement cycle maintained throughout the month
  • All trading days from September 1-30 have corresponding settlement dates
  • Weekend gaps accounted for in the settlement schedule
  • Settlement extends into October 1, 2025 for September 30 trades

Regulatory Changes

No regulatory changes introduced. This is a routine operational schedule announcement maintaining existing settlement framework.

Compliance Requirements

  • All F&O segment participants must adhere to the published settlement dates
  • Trading members must ensure adequate margins and funds availability as per settlement schedule
  • Compliance with Indian Clearing Corporation Ltd. settlement procedures mandatory

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

Medium operational impact as this schedule is essential for F&O market functioning. All derivatives traders, clearing members, and risk management systems must align with these dates. No market disruption expected as this follows standard T+1 settlement pattern.

Impact Justification

Routine settlement schedule essential for F&O trading operations but not policy changing