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.
    A January 2024 Correct Answer Incorrect Answer
    B March 2024 Correct Answer Incorrect Answer
    C April 2024 Correct Answer Incorrect Answer
    D September 2024 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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.   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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