Comment on Quarterly settlement of funds & securities

Ashok KE commented on 12 Oct 2020, 11:49 PM

Suppose I have 1 lakh in my trading a/c.
1. I use only 50K for trading. Then the rest of 50K is considered as idle money. This 50K will be transferred back into my bank as settlement of unused amount. Yes or No.

2. If I purchase Liquid Bees from 1 lakh
with product type CNC, and sell them the same day. Then I have used all the money in my account. And there will be no settlement in my account. Is it the correct way to avoid qtrly settlement ?
Please reply. Thanks.

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