Description

NSE Clearing announces settlement schedules for various settlement types in Capital Market Segment for October 2025.

Summary

NSE Clearing Limited has released the settlement calendar for October 2025 covering Capital Market Segment operations for both T+1 and T+0 settlement cycles. The circular provides detailed schedules across five different settlement types including Normal Rolling, Auction, Trade for Trade, ITP for SME, and T+0 settlements.

Key Points

  • Settlement schedules announced for October 2025 Capital Market Segment
  • Covers five settlement types: Normal Rolling (T+1), Normal Auction, Trade for Trade (T+1), ITP for SME (T+1), and Normal Rolling (T+0)
  • Settlement numbers range from 2025188 to 2025208 for Normal Rolling T+1 segment
  • Auction settlements will be conducted for shortages with specific settlement number references
  • Detailed annexures provided for each settlement type with specific dates

Regulatory Changes

No regulatory changes introduced - this is a routine operational calendar publication as per existing regulations.

Compliance Requirements

  • All Members, Custodians, and PCMs must adhere to the published settlement schedules
  • Custodial confirmation dates must be observed as specified
  • Trade dates and settlement dates to be followed as per the calendar

Important Dates

  • October 2025: Full month settlement calendar provided
  • Settlement period: October 1, 2025 to November 4, 2025
  • Settlement numbers: 2025188 through 2025208
  • Special note: Auction of shortages for settlement 2025201 will be conducted in 2025202

Impact Assessment

Routine operational impact for market participants who need to plan their settlement activities. The calendar ensures proper scheduling of trades, custodial confirmations, and settlement processes. No disruption expected as this follows standard T+1 and T+0 settlement cycles. Market participants can plan their October 2025 operations accordingly.

Impact Justification

Operational circular providing settlement schedules - important for market participants' planning but routine in nature