Question
The Securities and Exchange Board of India (SEBI) plans
to enter in the era of one-hour trade settlement by early next year, which will be a precursor to settling trades instantaneously &is aiming to implement the one-hour settlement cycle by________ , while instantaneous trade settlement could come into effect by the end of next year.Solution
The Securities and Exchange Board of India (SEBI) plans to enter in the era of one-hour trade settlement by early next year, which will be a precursor to settling trades instantaneously.Ā Ā The market regulator is aiming to implement the one-hour settlement cycle by March 2024, while instantaneous trade settlement could come into effect by the end of next year.
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