Wednesday, March 24, 2010

*ROLLING SETTLEMENT


*Here T stands for a Trade Day. In the Rolling Settlements, 3 or 5 denotes after how many trading days the trades done on

the T day will be settled by payment of monies/delivery of securities. Rolling Settlements are the international best

practice recommended by group of 30. In India rolling settlements started from June 2000 for some shares. later in June

2001 SEBI mandated this practice for all shares on T+5 basis. Since 2002, T+3 practice is followed.

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