An FPI / EFI client places order through a Trading Member (broker) on the Exchange. The settlement is done through a Clearing member. All settlements are through India International Clearing Corporation (India ICC) thereby minimizing settlement risks (Funds/ Securities) to FPIs & EFIs.
Trading on the India INX is available through online systems and is conducted from Monday to Friday (except public holidays) between 04:30 Hours and 02:30 Hours for all segments.
The daily settlement for each session would be settled as follows:
Trading Session 1 - 04:30:00 Hours to 17:00:00 Hours – Settlement on next working day by 08.00 Hours
Trading Session 2 - 17:00:01 Hours to 02:30:00 Hours – Settlement on the same day by 16:30 Hours