How is quarterly statement amount calculated?

[Meher_Smaran]

Hi @Jack_R

We’ve explained the QS calculation in this post in detail -

Quarterly Settlement - Payout Calculation

Stockbrokers are required to transfer all unused funds back to the client’s bank account as per SEBI regulations at least once a quarter. The next quarterly settlement date is 6th January 2023. Check out this post from October 2022 for details on the regulation. Payout Calculation Some of our clients have asked us how the quarterly settlement amount is calculated. It depends on the (1) unused funds available in the account, (2) the value of pledged securities, and (3) the margin utilised by p…