India’s Regulator Eases Rules for Foreign Funds to Settle Trades

India’s securities market regulator will allow foreign investors to settle their same-day trades in the stock market on a net basis, making it easier for them to conduct business and boost their participation.

The latest measure means a global fund will be allowed to settle their buy and sell orders in the market against each other, the Securities and Exchange Board of India said in a statement following its board meeting Monday. Currently, India asks foreign investors to settle each transaction separately.