T+0 settlement cycle in equity segment

Question 1

Which trading organization has come up with a settlement cycle of T+0 ?

Answer 1

Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)

Question 2

Is it a regularised version ?

Answer 2

Noo.. it is the Beta version

Question 3

What is T + 0 ?

Answer 3

Stock settlement on the same day (after the end of trading hours)

Question 4

What is the global standard of settlement ?

Answer 4

T + 2

However, in India it is T + 1 (settlement after 1 business day – 80% on same day, 20% next business day)