Description
Settlement schedule for Mark to Market settlement in the Currency Derivatives Segment for September 2025.
Summary
NSE Clearing Limited has issued the monthly settlement schedule for Mark to Market settlement in the Currency Derivatives Segment for September 2025. The schedule covers regular trading and settlement dates from September 1-30, 2025, along with specific final settlement dates for various contract types.
Key Points
- Settlement schedule covers September 1-30, 2025 trading period
- Regular settlements occur T+1 (next business day after trade date)
- Special final settlement dates specified for different contract types
- Schedule applies to Currency Derivatives Segment only
Regulatory Changes
No regulatory changes - this is a routine operational schedule publication.
Compliance Requirements
- All Currency Derivatives Segment members must follow the published settlement schedule
- Members must ensure compliance with specific final settlement dates for different contract types
- Contact support@nsccl.co.in or call 18002660050 (IVR Option 2) for queries
Important Dates
- September 25, 2025: Final settlement for SEP 2025 91-Day GOI T-Bill Futures Contracts
- September 26, 2025: Final settlement for SEP 2025 Cash Settled Interest Rate Contracts
- September 30, 2025: Final settlement for SEP 2025 Cash Settled Currency Futures and Options Contracts
- October 1, 2025: Final settlement for SEP 2025 Overnight Call Rate (MIBOR) Contracts
Impact Assessment
This is an operational circular that provides essential settlement timing information for Currency Derivatives Segment participants. The schedule ensures orderly settlement of various derivative contracts and helps market participants plan their operations and cash flows accordingly. No significant market disruption expected as this follows standard settlement practices.
Impact Justification
Operational circular providing settlement dates for currency derivatives segment - important for market participants but routine scheduling information