Description

NSE Clearing Limited notifies the list of settlement holidays for the Futures & Options segment for calendar year 2026, including 19 weekday holidays and 4 weekend holidays.

Summary

NSE Clearing Limited has notified the settlement holidays for the Futures & Options (F&O) segment for the calendar year 2026. The notification is issued under clause 13(2) of chapter VI of the Byelaws of NSE Clearing Limited and Regulation 3.10 of the NSE Clearing Limited (F&O Segment). A total of 19 weekday holidays and 4 weekend holidays have been declared.

Key Points

  • Circular Reference: NCL/CMPT/71923, Circular No. 164/2025
  • Segment: Futures & Options
  • Total weekday settlement holidays: 19
  • Additional weekend holidays: 4 (falling on Saturday/Sunday)
  • Applicable to all F&O segment members

Settlement Holidays - Weekdays

January 2026:

  • January 26 (Monday) - Republic Day

February 2026:

  • February 19 (Thursday) - Chhatrapati Shivaji Maharaj Jayanti

March 2026:

  • March 03 (Tuesday) - Holi (Second Day)
  • March 19 (Thursday) - Gudhi Padwa
  • March 26 (Thursday) - Ram Navami
  • March 31 (Tuesday) - Mahavir Jayanti

April 2026:

  • April 01 (Wednesday) - Annual Bank Closing
  • April 03 (Friday) - Good Friday
  • April 14 (Tuesday) - Dr. Babasaheb Ambedkar Jayanti

May 2026:

  • May 01 (Friday) - Maharashtra Din / Buddha Pournima
  • May 28 (Thursday) - Bakri ID (Id-Uz-Zuha)

June 2026:

  • June 26 (Friday) - Muharram

August 2026:

  • August 26 (Wednesday) - Id-E-Milad

September 2026:

  • September 14 (Monday) - Ganesh Chaturthi

October 2026:

  • October 02 (Friday) - Mahatma Gandhi Jayanti
  • October 20 (Tuesday) - Dussehra

November 2026:

  • November 10 (Tuesday) - Diwali (Bali Pratipada)
  • November 24 (Tuesday) - Guru Nanak Jayanti

December 2026:

  • December 25 (Friday) - Christmas

Settlement Holidays - Weekends

  • February 15, 2026 (Sunday) - Mahashivratri
  • March 21, 2026 (Saturday) - Ramzan-Id (Id-Ul-Fitr)
  • August 15, 2026 (Saturday) - Independence Day/Parsi New Year (Shahenshahi)
  • November 08, 2026 (Sunday) - Diwali Amavasya (Laxmi Pujan)

Regulatory Changes

No regulatory changes introduced. This is a standard annual notification of settlement holidays as per existing byelaws and regulations.

Compliance Requirements

  • All F&O segment members should note the settlement holiday schedule for 2026
  • Members should plan their settlement operations and risk management activities accordingly
  • No settlement activities will be conducted on the notified holidays

Important Dates

  • Calendar Year: 2026
  • First Holiday: January 26, 2026 (Republic Day)
  • Last Holiday: December 25, 2026 (Christmas)
  • Total Settlement Days Impacted: 23 days (19 weekdays + 4 weekends)

Impact Assessment

Market Operations:

  • F&O settlements will not be processed on the 19 notified weekday holidays
  • Market participants should plan positions and margin requirements considering the holiday schedule
  • Weekend holidays provide additional non-settlement days for specific festivals

Planning Impact:

  • Critical for institutional investors and traders for year-long planning
  • Important for managing derivatives positions around expiry dates that may coincide with holidays
  • Settlement cycles and fund availability should be planned considering these holidays

Contact Information:

Impact Justification

Administrative circular notifying settlement holidays for F&O segment in 2026. Medium importance for planning purposes but no immediate action required. Impacts all F&O market participants for settlement planning.