How is the Running Account settlement of Funds done?
Modified on: Sat, 2 Jan, 2021 at 12:34 PM
Once in a calendar quarter
between 80th day and 90th day on a best effort basis the eligible funds which is ledger balance minus 225% of SPAN margin will be released. Further, consolidated balance (equity segment and commodity segment) considered while processing the running account settlement
If the eligible balance is less than Rs.10,000 the amount will not be settled and treated as default settlement subject to consent from client. This process of retaining a balance of up to Rs.10000/- is termed as minimum retention. Minimum retention shall not be applicable to clients who have no trades in the month/quarter considered for settlement.
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