Description
NSE publishes the mark-to-market settlement schedule for Currency Derivatives Segment trading dates and settlement dates for October 2025.
Summary
NSE Clearing Limited has released the mark-to-market settlement schedule for the Currency Derivatives Segment for October 2025. The circular provides trade dates and corresponding settlement dates for all trading days in October 2025.
Key Points
- Settlement schedule covers all trading days from October 1-31, 2025
- Mark-to-market settlements follow T+2 settlement cycle for most dates
- Special settlement dates for different contract types at month-end
- Final settlements vary by contract type (T-Bill Futures, Interest Rate Contracts, Currency Futures/Options, MIBOR Contracts)
Regulatory Changes
No regulatory changes mentioned in this operational circular.
Compliance Requirements
- All Currency Derivatives Segment members must follow the published settlement schedule
- Members must ensure timely settlement on specified dates
- Different contract types have specific final settlement requirements
Important Dates
- October 30, 2025: Final settlement for OCT 2025 91-Day GOI T-Bill Futures Contracts
- October 31, 2025: Final settlement for OCT 2025 Cash Settled Interest Rate Contracts & Cash Settled Currency Futures and Options Contracts
- November 3, 2025: Final settlement for OCT 2025 Overnight Call Rate (MIBOR) Contracts
Impact Assessment
This operational schedule is essential for all Currency Derivatives Segment participants to plan their trading and settlement activities. The staggered final settlement dates for different contract types require careful attention to avoid settlement failures.
Impact Justification
Operational schedule affecting all CDS market participants for trading and settlement planning