As per the exchange guidelines the settlement of funds and securities in a clients trading account has to be done within one working day of payout for equity segment and Mark to Market to be settled on next working day for derivative segments. However the client can authorize the Broker to retain funds in his Trading Account and maintain it as Running Account. This is called Running Account Authorization.
Modified on: Wed, 23 Jul, 2014 at 11:15 PM
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.