Comment on Policy on settlement of compulsory delivery derivative contracts
commented on
06 Mar 2019, 11:06 AM
Hey. Consider a situation where for some reason you have to take physical delivery. It could be anything. We may not be able to close out your position simply because there’s no counterparty to the trade. What happened then? As such, a demat account is mandatory to have an account with us now. As for the trading only forms, they’re available for legacy reasons, like if someone with a joint demat wants to open a fresh trading account.