SEBI Delays T+0 Rule For Big Brokers, New Start Date Is November 1, 2025

Mumbai: SEBI (Securities and Exchange Board of India) has extended the timeline for a new trading rule. This rule allows some large brokers to offer same-day trade settlement, called T+0.

New Date Announced

The new start date is now November 1, 2025. Earlier, the rule was going to start on May 1, 2025.

Who Does This Affect?

This change is for Qualified Stock Brokers (QSBs). These are big brokers who meet SEBI’s high standards. The rule is optional, so only those who are ready can choose to use it.

What is T+0 Settlement?

T+0 means trades are settled on the same day they happen. Today, trades usually follow a T+1 cycle—settlement happens one day later. T+0 can help with faster fund transfers and less risk.

Why the Delay?

SEBI wants to give brokers and the market more time to get ready for this big change. This includes upgrading systems, making new rules, and checking risk levels.

What Remains the Same?

All other rules from the December 10, 2024 circular will still apply. Only the date for starting optional T+0 settlement has changed.

Where to Find More?

The full SEBI circular dated April 29, 2025, is shared in the official notice along with an annexure.