Hi,
Is there a control where trader doesnt want to transfer unused funds transfer to Bank account during quarterly settlement, It is so painful manually everytime transferring the funds back to Brokerage account
Hi,
Is there a control where trader doesnt want to transfer unused funds transfer to Bank account during quarterly settlement, It is so painful manually everytime transferring the funds back to Brokerage account
Hi @Harsha2, Quarterly settlement is a mandatory requirement from SEBI, so it isn’t possible to stop it. However, the settlement now happens on a fixed time (on first Friday of each quarter, and on Thrusday it Friday is holiday). So you now have at least two days to transfer funds to the account.