Description
BSE announces daily settlement schedule for Futures & Options segment covering trading period from December 1 to December 31, 2025.
Summary
BSE has released the settlement programme for the Futures & Options (F&O) segment for December 2025. The circular provides the daily settlement schedule mapping trade dates to their corresponding settlement dates for the entire month, from December 1, 2025 to December 31, 2025.
Key Points
- Settlement schedule covers the period from December 1, 2025 to December 31, 2025
- Daily settlement follows T+1 basis (trade date plus one business day)
- Schedule accounts for market holidays and weekends
- Last trading day of December 31, 2025 settles on January 1, 2026
- Notice issued by Indian Clearing Corporation Ltd.
Regulatory Changes
No regulatory changes. This is a routine monthly settlement schedule publication.
Compliance Requirements
- Trading members must ensure adherence to published settlement dates
- Members should plan liquidity and fund management according to the settlement schedule
- All F&O trades executed on specified trade dates will be settled on corresponding settlement dates
Important Dates
- Schedule Period: December 1-31, 2025
- First Trade Date: December 1, 2025 (Settlement: December 2, 2025)
- Last Trade Date: December 31, 2025 (Settlement: January 1, 2026)
- Market Closures Reflected: December 6-7, 13-14, 20-21, 25, 27-28 (weekends and holidays)
Impact Assessment
Market Impact: Minimal. This is a standard operational circular published monthly.
Operational Impact: Trading and clearing members need to maintain adequate funds and margins based on the published settlement schedule. The schedule ensures transparent planning for fund deployment and margin requirements throughout December 2025.
Impact Justification
Routine monthly settlement schedule for derivatives segment with no operational changes or market impact