March 16, 2023
20.1K

Settlement Holiday: 22-Mar

22-Mar-23 is a Settlement Holiday due to Gudi Padwa. The 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 21-Mar23-Mar
    Derivatives (F&O)21-Mar23-Mar
  • Your credit balance for 22-Mar will not include the following:
    • SegmentAccount Balance Exclusions
    EquityIntraday Profits made on 21-Mar
    Derivatives (Equity F&O, Currency & Commodity)Credits Made From Trades Done On 21-Mar

    Just so you know: Settlement holidays refer to days when markets (except the 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 the next settlement cycle, as per the respective segments.

    Share button