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'T+1 settlement system would protect investors' interest'
T+1 means that market trade-related settlements has to be cleared within a day of the actual transactions taking place
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T+1 settlement cycle to be implemented in a phased manner
Market Infrastructure Institutions or MIIs, clearing corporations and depositories have taken the decision
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FPIs write to Sebi seeking more time for migrating to T+1 cycle
The settlement norm would pose operational challenges to foreign investors who are in different time zones
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FPIs, brokers lock horns with SEBI over T+1 settlement
SEBI on September 7 issued an order allowing the stock exchanges to offer select scripts under T+1 settlement from next year
