What is a rolling settlement?

The rolling settlement ensures that each day's trade is settled by keeping a fixed gap of a specified number of working days between a trade and its settlement. At present, this gap is five working days after the trading day. The waiting period is uniform for all trades. When does one deliver the shares and pay the money to broker?As a seller, in order to ensure smooth settlement you should deliver the shares to your broker immediately after getting the contract note for sale but in any case before the pay-in day. Simliarly, as a buyer, one should pay immediately on the receipt of the contract note for purchase but in any case before the pay-in day.

Comments

Schoolgirl Internal - Katey Grind

Good Bye laptops

Can any one ever imagine of life without laptops or desktops now.!!! hmmm...yes but need anything else that replaces them. So Japan is always ready to help you out with their technlogy.Since its a time of microtechnology, everything is modeled as small as it can be so you not computers. Amazing technology from Japan . . . but can you guess what it is ?Look closely and guess what they could be... This is something that will replace your PC in the near future.Beleive it or not this the the future of forthcoming computers. After looking the picture to the right you might guess wht I'm talking about. In the revolution of miniature computers, scientists have made great developments with bluetooth technology.This is the forthcoming computers you can carry within your pockets, they are very small in size comparable to pen. This "pen sort of instrument" produces both the monitor as well as the keyboard on any flat surfaces from where you can carry out functions you would normally...

Accenture Off Campus Drive in PCCOE, PUNE

Accenture is partnering with CoCubes.com and Pimpri Chinchwad College of Engineering (PCCOE) for their 2010 off-campus drive in PCCOE, Pune between 24th- 26th Sep. (Given below is the complete job description for your reference) Job Description: Company Profile Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Target Degrees & Branches :B.E, B.Tech and MCA CTC :Rs. 3,00,003 Designation :Associate Software Engineer Role & Responsibilities Key Responsibilities: *Understand Software/System components and associated Specifications. *Create specifications and deploy these components. *Develop, modify and review testing components based on defined specifications and ...

Bachelor's Area

Search This Blog