Description

Daily settlement schedule for Futures & Options segment covering the trading period from January 1, 2026 to January 31, 2026.

Summary

BSE has published the settlement programme for the Futures & Options (F&O) segment for January 2026. The circular provides the daily settlement schedule mapping each trade date to its corresponding settlement date for the entire month.

Key Points

  • Settlement schedule covers trading period from January 1, 2026 to January 31, 2026
  • Daily settlement follows T+1 pattern (settlement one business day after trade date)
  • Last trade date of January 30, 2026 settles on February 2, 2026
  • Schedule accounts for weekend gaps in trading days
  • Notice issued by Indian Clearing Corporation Ltd.

Regulatory Changes

No regulatory changes introduced. This is a routine settlement schedule publication.

Compliance Requirements

Market participants should:

  • Note the settlement dates for planning fund management and obligations
  • Ensure adequate margins and funds availability as per the published schedule
  • Align internal settlement processes with the published timeline

Important Dates

  • Effective Period: January 1, 2026 to January 31, 2026
  • First Settlement: January 2, 2026 (for January 1 trades)
  • Last Settlement of Month: February 2, 2026 (for January 30 trades)
  • Notice Date: December 24, 2025

Impact Assessment

Operational Impact: Minimal - routine schedule publication that market participants use for planning purposes.

Market Impact: None - this is a standard operational circular providing settlement dates without any changes to settlement mechanisms or timelines.

Affected Parties: All F&O segment participants including traders, brokers, and clearing members need to reference this schedule for settlement planning and fund management.

Impact Justification

Routine settlement schedule publication for F&O segment with no changes to existing processes or requirements