Description
Settlement schedule for currency derivatives trading from September 1-30, 2025 with daily settlement dates and September contract expiry details.
Summary
BSE has announced the settlement programme for the Currency Derivatives segment for September 2025, covering the period from September 1 to September 30, 2025. The circular provides daily settlement dates corresponding to each trading date and specifies the expiry and final settlement dates for September 2025 currency future contracts.
Key Points
- Settlement programme covers September 1-30, 2025 for Currency Derivatives segment
- Daily settlement occurs on T+1 basis (next business day)
- September 2025 currency future contracts expire on September 26, 2025
- Final settlement for September contracts on September 30, 2025
- Schedule published by Indian Clearing Corporation Ltd.
Regulatory Changes
No regulatory changes announced - this is a standard operational schedule.
Compliance Requirements
- Market participants must follow the published settlement schedule
- Traders must be aware of contract expiry dates for position management
- Settlement obligations must be met as per the specified timeline
Important Dates
- Trading Period: September 1-30, 2025
- September 2025 Contract Expiry: September 26, 2025 (last trading day)
- Final Settlement Date: September 30, 2025
- Daily Settlements: T+1 basis throughout the month
Impact Assessment
This is a routine operational announcement that provides essential information for currency derivatives market participants. The schedule ensures orderly settlement of trades and helps market participants plan their trading and settlement activities for September 2025. The clear specification of expiry and settlement dates helps in risk management and position planning.
Impact Justification
Regular operational schedule affecting currency derivatives traders and settlement processes