SEBI has expanded the scope of optional T+0 settlement. The market regulator has issued a circular on Tuesday, December 10, informing about this. According to the circular, the top 500 stocks will be included in the scope of optional T+0 settlement. SEBI also said that all brokers can participate in the optional T+0 cycle and brokers can charge different brokerage for T+0 and T+1. According to the information given, optional T+0 settlement will start for the top 500 stocks from December 31. Under T+0 settlement, the share will come to the investor's demat account on the day of purchase. On the other hand, if the share is sold, the sale amount will be deposited in the investor's bank account on the day of trade.

Along with this, SEBI has also given a mechanism for block deal window under T+0 settlement cycle. SEBI said that a mechanism for block deal window will be established by the stock exchanges under the optional T+0 settlement cycle. The block deal window under the optional T+0 settlement cycle will be available only during 8:45 to 9 am for the morning session, in addition to this, the existing block deal window of 8:45 to 9 am and 2:05 to 2:20 pm will also be available for the T+1 settlement cycle. Trades in the optional T+0 block window session will be done in the T+0 settlement cycle. "