Description

BSE/ICCL announces the settlement programme for the Futures & Options segment covering the period from 01.05.2026 to 31.05.2026.

Summary

BSE, through ICCL (Indian Clearing Corporation Limited), has issued the settlement programme for the Futures & Options (F&O) derivatives segment for the period from 01 May 2026 to 31 May 2026. This notice (No. 20260408-19) outlines the settlement schedule that clearing members and market participants must follow for derivatives transactions during May 2026.

Key Points

  • Notice Number: 20260408-19
  • Issued by: ICCL (Indian Clearing Corporation Limited) under BSE
  • Segment: Derivatives (F&O)
  • Category: Settlement/RMS (Risk Management System)
  • The programme covers the full month of May 2026 (01.05.2026 to 31.05.2026)
  • Attachment reference: F052026 (detailed schedule in attached document)

Regulatory Changes

No new regulatory changes introduced. This is a routine periodic settlement programme notice issued by ICCL for the F&O segment.

Compliance Requirements

  • Clearing members and trading members must adhere to the settlement schedule specified in the attached programme (F052026) for all F&O segment transactions.
  • Members should ensure timely settlement of obligations as per the dates outlined in the programme for May 2026.
  • Risk management obligations must be met in accordance with the settlement calendar.

Important Dates

  • Notice Date: 08 April 2026
  • Programme Period: 01 May 2026 to 31 May 2026
  • Detailed settlement dates are provided in the attached document F052026

Impact Assessment

This is a routine operational circular with medium impact on market participants in the F&O derivatives segment. Clearing members, brokers, and institutional participants active in BSE’s derivatives market must align their back-office and settlement operations with the published programme. No extraordinary settlement procedures or changes are indicated; the circular follows the standard monthly settlement schedule issuance pattern.

Impact Justification

Routine monthly settlement schedule for F&O segment; operationally important for clearing members and traders but does not introduce regulatory changes or affect specific stocks.