Description
BSE announces the daily settlement schedule for Futures and Options segment covering the period from February 1, 2026 to February 28, 2026.
Summary
BSE has published the settlement programme for the Futures and Options (F&O) segment for February 2026. The circular provides the daily settlement schedule mapping trade dates to their corresponding settlement dates for the entire month, enabling market participants to plan their clearing and settlement activities.
Key Points
- Settlement schedule covers February 1, 2026 to February 28, 2026
- Daily settlement follows T+1 cycle (trade date plus one business day)
- February 19, 2026 (Chhatrapati Shivaji Maharaj Jayanti) is a trading holiday
- Settlement for February 18 trades occurs on February 20, 2026
- February 27 trades settle on March 2, 2026 (month-end carryover)
- Notice issued by Indian Clearing Corporation Ltd.
Regulatory Changes
No regulatory changes introduced. This is a routine operational schedule.
Compliance Requirements
Market participants should:
- Note the settlement dates for fund and position management
- Ensure adequate margin and collateral availability on settlement dates
- Plan for the trading holiday on February 19, 2026
- Account for the extended settlement timeline for month-end trades
Important Dates
- February 1-28, 2026: Settlement period covered
- February 19, 2026: Trading holiday (Chhatrapati Shivaji Maharaj Jayanti)
- February 20, 2026: Settlement for both February 18 and 19 trades
- March 2, 2026: Settlement date for February 27 trades
Impact Assessment
This is a routine administrative circular with minimal market impact. The settlement schedule follows standard T+1 settlement cycles with adjustments for the mid-month trading holiday. Market participants can use this schedule for operational planning and liquidity management in the derivatives segment.
Impact Justification
Routine administrative circular providing standard monthly settlement schedule for F&O segment with no regulatory changes or compliance implications