Introduction of Beta version of T+0 rolling settlement cycle

Stock exchanges are set to launch the same-day transaction settlement (or "T+0") beta version for a select few cash segment stocks starting today ( Thursday, March 28). The T+0 settlement will occur concurrently with the current T+1 settlement cycle. Presently, the market is considering same-day transaction settlement within a year after fully embracing the T+1 cycle. Sellers under the present T+1 system may only get 80% of their cash on the day of sale; the remaining 20% must be waited for the following day. Nonetheless, sellers will have instant access to 100% of their cash on the day of transaction due to the new T+0 settlement system.