Multiple Settlements scheduled on February 20, 2024

This is to inform you that on account of settlement holiday on Feb 19, 2024 being Chhatrapati Shivaji Maharaj Jayanti , multiple settlements have been scheduled on Tuesday, Feb 20, 2024.

Please note that shares bought on Feb 16, 2024 should not be sold on Feb 19, 2024 as trades done on both these days will be settled together on Tuesday, Feb 20, 2024 and it may lead to additional losses due to auction. Kindly trade such shares at your own risk.

Key Points to Note

-  Deliveries bought on Feb 16 will not be available for selling on the next trading day, Feb 19, as the pay-in for both settlements are on Feb 20 at different timings. We urge you not to sell on Feb 19. If you proceed to sell, it would be at your own risk as it may lead to an auction.

-  After hour orders will be pushed to the Exchange.

-  MTF product available on Feb 19, 2024.

-  Mark to Market and premium debits/credits received on Feb 16 will not be adjusted against the margin/premium for any fresh position(s) taken on Feb 19, 2024. Do maintain sufficient margins in order to avoid violation.

Exchange Circular-->

Note: In NFO,CDS and MCX, all uncleared balance of Friday, will be settled on Tuesday as clearing holiday on Monday

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