No move to mandate T+0, ASBA set to be expanded: Sebi

0

Sebi clarified that there were no plans to mandate T+0 settlements. Chairman Madhabi Puri Buch noted the possibility of the board considering the requirement for select brokers to offer ASBA in the secondary market. Currently, this facility is voluntary for brokers. Sebi suggested that making this feature compulsory might soon be considered for some brokers.