Circular on Mode of settlement for trades executed on the Request for Quote platform (dated- 09.01.2023)-SEBI      

  • 11th, January 2023
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Circular on Mode of settlement for trades executed on the Request for Quote platform (dated- 09.01.2023)-SEBI      

  • The Securities and Exchange Board of India, vide a circular clarified that in addition to the existing payment mechanisms through the Real-Time Gross Settlement channel, payment mechanisms provided by banks and payment aggregators authorised by the Reserve Bank of India, from time to time, may be used for settlement of trades executed on the Request for Quote platform. Please refer to the circular for more details.
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