Description

Settlement schedule for Currency Derivatives segment from February 1, 2026 to February 28, 2026, including daily settlement dates and February 2026 contract expiry details.

Summary

BSE has published the settlement programme for the Currency Derivatives segment for the period from February 1, 2026 to February 28, 2026. This notice provides the daily settlement dates corresponding to each trade date and specifies the expiry and final settlement dates for February 2026 currency future contracts.

Key Points

  • Settlement programme covers February 1-28, 2026 for Currency Derivatives segment
  • Daily settlements occur on T+1 basis (settlement one day after trade date)
  • February 2026 currency future contracts expire on February 25, 2026
  • Final settlement for February 2026 contracts will be on February 27, 2026
  • No trading scheduled on February 7, 14, 19, 21, and 22, 2026 (weekends/holidays)
  • Notice issued by Indian Clearing Corporation Ltd.

Regulatory Changes

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

Compliance Requirements

  • Market participants must adhere to the published settlement dates
  • Ensure adequate funds/positions for daily settlements on specified dates
  • Note the expiry date for February 2026 contracts: February 25, 2026
  • Complete final settlement obligations by February 27, 2026 for expiring contracts

Important Dates

  • Settlement Period: February 1, 2026 to February 28, 2026
  • February 2026 Contract Expiry: February 25, 2026 (last trading day)
  • Final Settlement Date: February 27, 2026 for February 2026 contracts
  • Non-trading days in February: 7, 14, 19, 21, 22, 2026

Impact Assessment

Market Impact: Low - This is a routine monthly settlement schedule that enables market participants to plan their currency derivatives trading and settlement activities.

Operational Impact: Low - Standard operational schedule following the regular T+1 settlement cycle. Market participants should note the February contract expiry on the 25th with final settlement two days later on the 27th.

Impact Justification

Routine monthly settlement schedule notification for currency derivatives segment with standard operational information