Nithin Kamath of Zerodha explains why instant settlements are difficult, saying that 75% of trades are
Nithin Kamath: Thanks to SEBI’s progressive legislation, US markets made news last week when they switched to the T+1 settlement cycle, matching the one that Indian bourses implemented two years earlier. This action has spurred conversations about instantaneous settlement, the next major development in the financial markets. Nithin Kamath, co-founder of Zerodha, finds the transition…