Description
BSE announces the settlement programme for the Currency Derivatives segment covering the period from April 1, 2026 to April 30, 2026, including daily settlement dates and expiry details for April 2026 currency futures.
Summary
BSE has published the settlement programme for the Currency Derivatives segment for the period April 1, 2026 to April 30, 2026. The notice specifies daily settlement dates for all trade dates in April 2026 and highlights that the expiry and final settlement dates for April 2026 currency futures fall on April 28 and April 30, 2026, respectively.
Key Points
- Settlement calendar covers trade dates from April 2, 2026 to April 30, 2026.
- Daily settlement dates are generally T+1 business days.
- April 28, 2026 is the expiry (last trading day) for April 2026 Currency Futures contracts.
- Final settlement date for April 2026 Currency Futures is April 30, 2026.
- The last trade date (April 30) settles on May 4, 2026.
- Issued by Indian Clearing Corporation Ltd. (ICCL).
Regulatory Changes
No regulatory changes introduced. This is a routine operational notice publishing the monthly settlement calendar.
Compliance Requirements
- Trading members and clearing members in the Currency Derivatives segment must align their settlement and margin processes with the published schedule.
- Members should note the expiry date of April 28, 2026 for April 2026 currency futures and plan positions accordingly.
Important Dates
| Trade Date | Daily Settlement Date |
|---|---|
| 02-Apr-2026 | 06-Apr-2026 |
| 06-Apr-2026 | 07-Apr-2026 |
| 07-Apr-2026 | 08-Apr-2026 |
| 08-Apr-2026 | 09-Apr-2026 |
| 09-Apr-2026 | 10-Apr-2026 |
| 10-Apr-2026 | 13-Apr-2026 |
| 13-Apr-2026 | 15-Apr-2026 |
| 15-Apr-2026 | 16-Apr-2026 |
| 16-Apr-2026 | 17-Apr-2026 |
| 17-Apr-2026 | 20-Apr-2026 |
| 20-Apr-2026 | 21-Apr-2026 |
| 21-Apr-2026 | 22-Apr-2026 |
| 22-Apr-2026 | 23-Apr-2026 |
| 23-Apr-2026 | 24-Apr-2026 |
| 24-Apr-2026 | 27-Apr-2026 |
| 27-Apr-2026 | 28-Apr-2026 |
| 28-Apr-2026* | 29-Apr-2026 |
| 29-Apr-2026 | 30-Apr-2026 |
| 30-Apr-2026 | 04-May-2026 |
*April 28, 2026 — Expiry date (last trading day) for April 2026 Currency Futures; Final settlement date: April 30, 2026.
Impact Assessment
This circular has moderate operational impact for participants in the Currency Derivatives segment. Trading members, clearing members, and back-office teams must update their systems with the April 2026 settlement calendar. The gap between trade date April 30 and settlement date May 4 reflects the market holiday schedule and requires cash flow planning. The April 28 expiry date is critical for members holding open positions in April 2026 currency futures.
Impact Justification
Routine operational circular publishing the monthly settlement calendar for currency derivatives participants; important for trading and back-office planning but does not introduce regulatory changes.