Description
BSE/ICCL has published the settlement programme for the Currency Derivatives segment covering the period from 01.05.2026 to 31.05.2026.
Summary
ICCL (Indian Clearing Corporation Limited) has issued the settlement programme for the Currency Derivatives segment on BSE for the period from 01 May 2026 to 31 May 2026. The circular (Notice No. 20260408-20) provides the detailed schedule governing settlement timelines for currency derivative contracts during this period.
Key Points
- Notice No.: 20260408-20, dated 08 April 2026
- Issued by: ICCL (Department) under the Settlement/RMS category
- Covers the Currency Derivatives segment on BSE
- Programme period: 01 May 2026 to 31 May 2026
- Attachment: CD052026 (detailed settlement schedule document)
Regulatory Changes
No regulatory changes are introduced. This is a routine periodic publication of the settlement calendar.
Compliance Requirements
All members and participants in the Currency Derivatives segment must adhere to the settlement dates and timelines specified in the attached programme (CD052026) for the month of May 2026. Members should download and review the attachment for specific settlement dates, pay-in/pay-out schedules, and any holiday adjustments.
Important Dates
- Programme effective from: 01 May 2026
- Programme valid until: 31 May 2026
- Circular issued: 08 April 2026
Impact Assessment
This circular has medium operational impact for participants in the Currency Derivatives segment, as it defines the binding settlement schedule for the upcoming month. Clearing members, trading members, and custodians must align their operational processes with the published programme. No market-wide or systemic impact is anticipated as this is a standard monthly issuance.
Impact Justification
Routine monthly settlement schedule for currency derivatives segment; operationally important for participants but no regulatory changes or compliance actions required.