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Diwali Muhurat Trading Multiple Settlements Time Frame

This post is a must read post if you intend trading on Diwali Muhurat day. On account of Diwali Holiday on Thursday, October 23, 2014 the Muhurat Trading multiple Settlements have been scheduled on Tuesday, October 28, 2014 and Pay-in /pay-out timing for multiple settlement schedules are as under:

Please intimate all the concern for the following schedule changes:

Shares purchased on Wednesday, 22/10/2014 cannot be sold on Thursday 23/10/2014 (NSE 2014 197 to 2014 198 and BSE 1415 138 to 1415 139) both day trading Pay-in /Pay-out will be settled separately. As per the NSDL deadlines mentioned above. No square-up between these days.

The Schedules are applicable for T Groups also. (NSE Trade-for-Trade and BSE Trade-to-Trade)

There wouldn’t be any shortages adjustment possible between above settlements in NSE and BSE. All the Shortages will have to be marked as Confirm Short.

All are requested to kindly note that the change in Pay-in & pay-out activities for above Settlement and accordingly convey Dealers and client’s Trades.

The Shortages of NSE Normal settlement Number 2014 198 and 2014 199 shall be assigned to Auction Normal 2014 199.

Do remember that traders make money with Professional Stock Tips and make your Diwali more brightened.

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