Settlement Holiday: 16-Aug

16-Aug-22 is a Settlement Holiday due to Parsi New Year. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

  • You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
SegmentTrade placed onDate of Settlement
Equity ( T+1 Settlement )12-Aug17-Aug
Equity ( T+2 Settlement )12-Aug18-Aug
Derivatives (F&O)12-Aug17-Aug
  • Your credit balance for 16-Aug will not include the following:
SegmentAccount Balance Exclusions
Equity (T+1 & T+2 Settlement)Intraday Profits made on 12-Aug
Derivatives (Equity F&O, Currency & Commodity)Credits Made From Trades Done On 12-Aug

Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.

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