Description
NSE Clearing announces the settlement schedule for commodity derivatives segment trading during March 2026, specifying trade dates and corresponding settlement dates.
Summary
NSE Clearing Limited has issued the settlement schedule for the Commodity Derivatives Segment for March 2026. The circular provides a complete mapping of trade dates to their corresponding settlement dates for all trading days in March 2026, ensuring members are aware of the settlement timelines for commodity derivative transactions.
Key Points
- Settlement schedule covers all trading days from March 2-31, 2026
- Settlement typically occurs T+2 days after trade date
- Weekend and holiday adjustments result in some settlements occurring on the next business day
- March 14 (Holi) holiday causes settlement adjustments for March 13 and 14 trades
- March 19 trades settle on March 20 due to March 19 being a holiday
- March 26 trades settle on March 27 due to March 26 being a holiday
- Final trades of March (30th and 31st) settle in April 2026
Regulatory Changes
No regulatory changes. This is a routine operational schedule.
Compliance Requirements
- All NSE members trading in commodity derivatives must adhere to the published settlement dates
- Members must ensure adequate funds and positions are available on settlement dates
- Members should plan their operations according to the schedule, particularly around holidays
Important Dates
Full Settlement Schedule for March 2026:
- March 2, 2026 trades → Settle March 4, 2026
- March 3, 2026 trades → Settle March 4, 2026
- March 4, 2026 trades → Settle March 5, 2026
- March 5, 2026 trades → Settle March 6, 2026
- March 6, 2026 trades → Settle March 9, 2026
- March 9, 2026 trades → Settle March 10, 2026
- March 10, 2026 trades → Settle March 11, 2026
- March 11, 2026 trades → Settle March 12, 2026
- March 12, 2026 trades → Settle March 13, 2026
- March 13, 2026 trades → Settle March 16, 2026
- March 16, 2026 trades → Settle March 17, 2026
- March 17, 2026 trades → Settle March 18, 2026
- March 18, 2026 trades → Settle March 20, 2026
- March 19, 2026 trades → Settle March 20, 2026
- March 20, 2026 trades → Settle March 23, 2026
- March 23, 2026 trades → Settle March 24, 2026
- March 24, 2026 trades → Settle March 25, 2026
- March 25, 2026 trades → Settle March 27, 2026
- March 26, 2026 trades → Settle March 27, 2026
- March 27, 2026 trades → Settle March 30, 2026
- March 30, 2026 trades → Settle April 2, 2026
- March 31, 2026 trades → Settle April 2, 2026
Impact Assessment
Operational Impact: Minimal. This is a standard monthly settlement schedule that members routinely receive and incorporate into their operations.
Market Impact: None. The schedule follows standard T+2 settlement convention with adjustments for weekends and holidays.
Member Action Required: Members should update their internal systems and calendars with the settlement dates to ensure smooth operations and timely fulfillment of settlement obligations.
Contact Information: Members can reach NSE Clearing support at 1800 266 0050 (IVR Option 2) or support@nsccl.co.in for queries.
Impact Justification
Routine operational circular providing standard monthly settlement schedule for commodity derivatives with no policy changes or market impact