Description

Settlement schedule for commodity derivatives segment covering all trading days in December 2025, with settlement dates including one date in January 2026.

Summary

NSE Clearing Limited has released the settlement schedule for the Commodity Derivatives Segment for December 2025. The schedule covers 22 trading days from December 1-31, 2025, with corresponding settlement dates ranging from December 2, 2025 to January 1, 2026. This is a routine administrative circular providing the standard T+1 settlement cycle for commodity derivatives trading.

Key Points

  • Settlement schedule covers December 2025 commodity derivatives trading
  • 22 trading days scheduled for the month
  • Standard T+1 settlement cycle maintained (trade date to next business day)
  • Last trading day of December 31, 2025 settles on January 1, 2026
  • Trading holidays observed on December 25, 2025 and December 27-28, 2025
  • Circular issued by NSE Clearing Limited
  • Reference number: NCL/COM/71134, Circular 0354/2025

Regulatory Changes

No regulatory changes introduced. This is a routine schedule publication.

Compliance Requirements

No specific compliance actions required. Members should note the settlement dates for operational planning and ensure adequate settlement preparedness for commodity derivatives trades executed during December 2025.

Important Dates

December 2025 Trading and Settlement Schedule:

Trade DateSettlement Date
December 1, 2025December 2, 2025
December 2, 2025December 3, 2025
December 3, 2025December 4, 2025
December 4, 2025December 5, 2025
December 5, 2025December 8, 2025
December 8, 2025December 9, 2025
December 9, 2025December 10, 2025
December 10, 2025December 11, 2025
December 11, 2025December 12, 2025
December 12, 2025December 15, 2025
December 15, 2025December 16, 2025
December 16, 2025December 17, 2025
December 17, 2025December 18, 2025
December 18, 2025December 19, 2025
December 19, 2025December 22, 2025
December 22, 2025December 23, 2025
December 23, 2025December 24, 2025
December 24, 2025December 26, 2025
December 26, 2025December 29, 2025
December 29, 2025December 30, 2025
December 30, 2025December 31, 2025
December 31, 2025January 1, 2026

Non-Trading Days: December 6-7, 2025 (weekend), December 13-14, 2025 (weekend), December 20-21, 2025 (weekend), December 25, 2025 (holiday), December 27-28, 2025 (weekend)

Impact Assessment

Market Impact: Minimal. This is a standard operational schedule with no changes to settlement procedures or timelines.

Operational Impact: Low. Members should incorporate these dates into their back-office systems and ensure settlement readiness. The cross-year settlement (December 31 trading settling on January 1) requires standard year-end operational preparedness.

Member Action Required: Review and update internal systems with the December 2025 settlement calendar. Ensure adequate liquidity and operational staffing for settlement obligations, particularly around the year-end period.

Contact Information: Support available at 1800 266 0050 (IVR Option 2) or support@nsccl.co.in

Impact Justification

Routine administrative circular providing settlement schedule for commodity derivatives segment with no regulatory changes or compliance actions required