01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
First day of T+1 settlement view & impact on markets By Dr. V K Vijayakumar, Geojit Financial Services
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Below is Quote on first day of T+1 settlement view & impact on markets From Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

The Indian capital market has been in the forefront of modernisation and best practices for many years now, thereby becoming a model worthy of emulation for emerging markets. Now with the initiation of the shorter settlement cycle of T+1, which no other country except China has, the Indian stock market is becoming a trend setter for even developed countries. Since the change to T+1 is in a phased manner the transition will be smooth. Quicker liquidity and reduction of possibility of default under T+1 will improve market efficiency.

 

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