Description

BSE announces the daily settlement schedule for Futures & Options segment covering the period from January 1, 2026 to January 30, 2026.

Summary

BSE has published the settlement programme for the Futures & Options (F&O) segment for January 2026. The notice provides the daily settlement schedule mapping each trade date to its corresponding settlement date, covering trading days from January 1, 2026 through January 30, 2026.

Key Points

  • Settlement schedule covers the period from January 1, 2026 to January 30, 2026
  • Daily settlement follows T+1 pattern (settlement occurs one business day after trade date)
  • Notice issued by Indian Clearing Corporation Ltd.
  • No trading/settlement breaks identified during the month except regular weekends
  • Trade on January 30, 2026 will settle on February 2, 2026 (crossing month boundary)

Regulatory Changes

No regulatory changes introduced. This is a routine monthly settlement calendar notification.

Compliance Requirements

Market participants should:

  • Note the settlement dates for planning cash flow and margin requirements
  • Ensure availability of funds/securities on respective settlement dates
  • Align internal systems and processes with the published schedule

Important Dates

  • Effective Period: January 1, 2026 to January 30, 2026
  • Notice Date: December 24, 2025
  • Notice Number: 20251224-8
  • First Trade Date: January 1, 2026 (settles January 2, 2026)
  • Last Trade Date in Period: January 30, 2026 (settles February 2, 2026)

Impact Assessment

Market Impact: Minimal - this is a routine administrative notice providing the settlement calendar.

Operational Impact: Low - the schedule follows standard T+1 settlement convention with no exceptional holidays or breaks identified. Market participants should incorporate these dates into their operational planning and cash management systems.

Trading Impact: None - no changes to trading rules, settlement mechanics, or market structure.

Impact Justification

Routine monthly settlement calendar for F&O segment with no changes to settlement mechanics or holidays; informational notice for operational planning