Description

BSE announces daily settlement schedule for currency derivatives segment from December 1-31, 2025, with December 2025 contracts expiring on December 29, 2025.

Summary

BSE has published the settlement programme for the Currency Derivatives Segment covering the period from December 1, 2025 to December 31, 2025. The schedule outlines daily settlement dates corresponding to each trade date. The December 2025 currency futures contracts will expire on December 29, 2025, with final settlement occurring on December 31, 2025.

Key Points

  • Daily settlement schedule established for currency derivatives trading throughout December 2025
  • Trade dates run from December 1 through December 31, 2025
  • Corresponding daily settlement dates follow the next business day pattern
  • December 2025 currency futures contracts expiry: December 29, 2025
  • Final settlement date for December 2025 contracts: December 31, 2025
  • Notice issued by Indian Clearing Corporation Ltd.

Regulatory Changes

No regulatory changes introduced. This is a routine operational schedule notification.

Compliance Requirements

  • Market participants must adhere to the published settlement schedule
  • Positions in December 2025 currency futures contracts must be squared off or rolled over by the expiry date of December 29, 2025
  • Final settlement obligations must be met by December 31, 2025

Important Dates

  • Settlement Period: December 1, 2025 to December 31, 2025
  • December 2025 Contract Expiry: December 29, 2025 (last trading day)
  • Final Settlement Date: December 31, 2025
  • Notice Date: November 13, 2025

Impact Assessment

Market Impact: Minimal. This is a standard monthly settlement schedule notification that provides operational clarity for currency derivatives market participants.

Operational Impact: Low. The schedule follows the normal pattern of daily settlements with the expiry date falling on December 29 (a Monday) and final settlement on December 31, 2025. Market participants can plan their trading and settlement activities accordingly. The schedule accounts for market holidays with no trading on December 25, 2025.

Impact Justification

Routine monthly settlement schedule notification for currency derivatives segment with standard daily settlement dates and contract expiry information