BSE CLEARING LAUNCHES 3-DAY SECURITIES LENDING & BORROWING CONTRACTS

BSE CLEARING LAUNCHES 3-DAY SECURITIES LENDING & BORROWING CONTRACTS

📊 BSE Clearing introduces 3-working-day contracts in the Securities Lending & Borrowing (SLB) segment, effective August 17, 2026. ⏱️ Contracts will have a T+1 first leg and T+3 reverse leg, excluding settlement holidays. 📈 Initially, the shorter-tenor contracts will be available for F&O securities under the “D” series. 🔄 Shorter tenure provides greater flexibility for short-term securities borrowing and delivery requirements. ⚡️ The facility could also support inter-exchange arbitrage and better price alignment across trading venues. 🎯 BSE Clearing expects the initiative to improve market efficiency and deepen participation in the SLB ecosystem. 🟢 Impact: Positive — shorter-tenor SLB contracts could boost flexibility, trading activity and participation on BSE’s securities lending platform.