Description

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

Summary

BSE has announced the settlement programme for the Futures & Options (F&O) segment for January 2026. The circular provides the complete daily settlement schedule mapping trade dates to their corresponding settlement dates for the entire month.

Key Points

  • Settlement schedule covers January 1, 2026 to January 31, 2026
  • Daily settlement basis with T+1 settlement cycle (settlement occurs one business day after trade date)
  • No trading/settlement holidays observed during January 2026 for F&O segment
  • Total of 21 trading days in January 2026
  • Notice issued by Indian Clearing Corporation Ltd.

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure adequate margin coverage for daily settlements
  • Settlement obligations must be met as per the published schedule
  • Members should plan their fund management according to the settlement calendar

Important Dates

January 2026 Settlement Schedule:

  • First trading day: January 1, 2026 (settles January 2, 2026)
  • Last trading day: January 30, 2026 (settles February 2, 2026)
  • Trading days: 1, 2, 5, 6, 7, 8, 9, 12, 13, 14, 15, 16, 19, 20, 21, 22, 23, 27, 28, 29, 30 January 2026
  • Non-trading days: 3-4, 10-11, 17-18, 24-26, 31 January 2026

Impact Assessment

Market Impact: Minimal - routine operational schedule with standard T+1 settlement cycle.

Operational Impact: Low - provides advance notice for fund and resource planning by trading members and clearing members for January 2026 operations.

Trading Impact: None - maintains continuous daily settlement operations with no disruptions or special provisions.

Impact Justification

Routine monthly settlement schedule announcement with no market disruptions or regulatory changes