Description

Daily settlement schedule for the Futures & Options segment covering the trading 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 daily settlement dates corresponding to each trade date during the month, following the standard T+1 settlement cycle.

Key Points

  • Settlement schedule covers January 1, 2026 to January 31, 2026
  • Follows daily settlement mechanism with T+1 settlement cycle
  • Trading days: 20 trading days in January 2026
  • Settlement handled by Indian Clearing Corporation Ltd.
  • No holidays observed within the January 2026 trading period listed
  • Notice issued by Tajindersingh Virdi, Assistant Vice President

Regulatory Changes

No regulatory changes. This is a routine monthly settlement calendar announcement.

Compliance Requirements

Market participants must:

  • Adhere to the published settlement schedule for F&O trades
  • Ensure timely payment and delivery obligations as per settlement dates
  • Note the settlement dates for margin and position management

Important Dates

January 2026 Settlement Schedule:

  • Trade Date: 01-01-2026 → Settlement: 02-01-2026
  • Trade Date: 02-01-2026 → Settlement: 05-01-2026
  • Trade Date: 05-01-2026 → Settlement: 06-01-2026
  • Trade Date: 06-01-2026 → Settlement: 07-01-2026
  • Trade Date: 07-01-2026 → Settlement: 08-01-2026
  • Trade Date: 08-01-2026 → Settlement: 09-01-2026
  • Trade Date: 09-01-2026 → Settlement: 12-01-2026
  • Trade Date: 12-01-2026 → Settlement: 13-01-2026
  • Trade Date: 13-01-2026 → Settlement: 14-01-2026
  • Trade Date: 14-01-2026 → Settlement: 15-01-2026
  • Trade Date: 15-01-2026 → Settlement: 16-01-2026
  • Trade Date: 16-01-2026 → Settlement: 19-01-2026
  • Trade Date: 19-01-2026 → Settlement: 20-01-2026
  • Trade Date: 20-01-2026 → Settlement: 21-01-2026
  • Trade Date: 21-01-2026 → Settlement: 22-01-2026
  • Trade Date: 22-01-2026 → Settlement: 23-01-2026
  • Trade Date: 23-01-2026 → Settlement: 27-01-2026
  • Trade Date: 27-01-2026 → Settlement: 28-01-2026
  • Trade Date: 28-01-2026 → Settlement: 29-01-2026
  • Trade Date: 29-01-2026 → Settlement: 30-01-2026
  • Trade Date: 30-01-2026 → Settlement: 02-02-2026

Impact Assessment

Market Impact: Minimal - This is a standard procedural announcement that maintains the existing T+1 settlement framework.

Operational Impact: Low - Market participants and clearing members should update their internal calendars and settlement systems with the January 2026 schedule. No changes to settlement procedures or timelines.

Trading Impact: None - Trading operations continue as normal with predictable settlement cycles enabling proper risk and liquidity management.

Impact Justification

Routine monthly settlement schedule announcement with standard T+1 settlement cycle for F&O segment. No changes to procedures or market structure.