The market regulator of India said back on Monday that they are going to initiate a plan that is going to allow a settlement of equity regarding market trades in a “non-disruptive” manner.
They also claimed that they were going to hold back if there were any form of serious objections from any of the market participants.
SEBI’s (Securities And Exchange Board Of India) offshore investors were pushing back on this plan of instant settlement for fear that two of their settlement cycles could lead to a more fragmented system and then add a lot to the initial cost of trading.
SEBI firmly believes that this settlement plan is going to benefit the retail investors of India and is also going to reduce the risk of fragmentation to a great extent.
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~News Source: https://rebrand.ly/umajqyr
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