Change in Collateral Timings

What changed

NSE Clearing Limited has revised the operational timings for collateral addition and release for members, custodians, and professional clearing members (PCMs) in the Futures and Options segment. The new cut-off time for cash and FDR addition is extended to 9:00 PM, while intraday cash and FDR release is also extended to 9:00 PM. Allocation timing is now set for 11:30 PM. Additionally, the circular specifies a new schedule for the release of pledged securities across 16 batches and an end-of-day (EOD) release at 9:00 PM. Clearing members must ensure that requests for the release of repledged securities for pay-in requirements are submitted one day prior to the pay-in date. These changes are effective from July 22, 2026.