What is settlement cycle?
In trading, there is a fixed time period for the settlement of trades as per terms of contract. This time period is termed as Settlement Cycle.
For equity trades: Currently all trades are settled on T+1 settlement cycle.
For derivatives/currency/commodities: Currently all trades are being mark to market at the closing price of contract and mark to market requirement are settled at T+1.
For arriving at the settlement day all intervening holidays, which include bank holidays, NSE holidays, Saturdays and Sundays are excluded.
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What is the settlement cycle for share pay in and payout?
In case client purchase or sell the shares the same is credited or debited from Client's demat / Trading account on T+1 settlement
What is the settlement cycle for share pay in and payout?
In case client purchase or sell the shares the same is credited or debited from Client's demat / Trading account on T+1 settlement
What is the meaning of Rolling / Normal Settlement?
A Settlement Cycle refers to a calendar according to which all purchase and sale transactions done on T Day are settled on a T+1 basis. T = Trading Day and +1 means 1 consecutive working days after T (excluding all holidays). It simply means that if ...
What is Periodic settlement?
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What are auction Settlement Charges?
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