Quarterly settlement of funds & securities
Traders, We keep getting queries on quarterly settlements, hence the detailed explanation below. What is Quarterly Settlement of Funds & Securities? Back in 2009, the market regulator, SEBI, introduced the policy of Quarterly Settlement of Funds & Securities. According to the policy, brokerage firms are required to transfer back all unutilized sums of money kept […]
Bhuvan
Financial analyst and researcher at Zerodha
409
18 Dec 2016