Description
Daily settlement schedule for currency derivatives segment for the period from November 1, 2025 to November 30, 2025, including expiry and final settlement dates for November 2025 contracts.
Summary
BSE has announced the settlement programme for the Currency Derivatives segment for the period from November 1, 2025 to November 30, 2025. The circular provides the daily settlement schedule mapping each trade date to its corresponding settlement date. The expiry date for November 2025 Currency future contracts is November 26, 2025, with final settlement on November 28, 2025.
Key Points
- Settlement schedule covers November 1-30, 2025
- Daily settlements follow T+2 settlement cycle (trade date plus 2 business days)
- November 2025 currency futures contracts expire on November 26, 2025
- Final settlement for November 2025 contracts on November 28, 2025
- Circular issued by Indian Clearing Corporation Ltd.
Regulatory Changes
No regulatory changes. This is a routine operational circular.
Compliance Requirements
Market participants trading in currency derivatives segment must adhere to the published settlement schedule for margin requirements and fund settlements during November 2025.
Important Dates
- Settlement Period: November 1, 2025 to November 30, 2025
- November Contract Expiry: November 26, 2025 (last trading day)
- Final Settlement Date: November 28, 2025
- Daily Settlement Schedule: Each trade date settles T+2 business days later
Impact Assessment
Minimal impact - this is a routine monthly settlement schedule announcement. Market participants use this schedule for planning their currency derivatives trading and settlement operations. The schedule follows standard T+2 settlement convention with appropriate adjustments for the November contract expiry.
Impact Justification
Routine operational circular providing standard monthly settlement schedule for currency derivatives segment. No regulatory changes or market impact, purely informational for trading and settlement operations.